Our pivot point stands at 62530.
Our preference
The upside prevails as long as 62530 is support.
Alternative scenario
Below 62530, expect 61390 and 60720.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 63099 and 62762).
Supports and resistances
66840 **
66170 *
65490 **
64810
63452 last
62970
62530 **
61390 *
60720 **
Number of asterisks represents the strength of support and resistance levels.


