This is a long term trade. The price bounces from the support zone formed by SMA100, 10000.00 support level and the uptrend line. RSI confirms price reversal. MACD histogram is going to support a new upward movement. Entry level is at 12150.00 with stop orders below the local swing low at 8850.00 level. Profit targets are 17000.00 and 20000.00 resistance levels. The part of trade volume should be left for long run.
