Our pivot point is at 61300.
Our preference
The upside prevails as long as 61300 is support.
Alternative scenario
Below 61300, expect 60310 and 59720.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 61485 and 61799).
Supports and resistances
65230 **
64640 *
64050 **
63460
62079 last
61690
61300 **
60310 *
59720 **
Number of asterisks represents the strength of support and resistance levels.


