BUX
The correction ended last Friday with a rally that triggered a new uptrend above the trend line. It is advisable to manage risk using the thin green trendline, which is now running at the 131,250 level. As long as the uptrend remains intact, the level around 150,000 may continue to be a realistic target, based on the trend-confirming pattern that has formed in recent weeks.
Resistance levels: 137,500; 140,625; 143,750; 150,000.
Support levels: 131,250; 125,000; 118,750; 112,500; 106,250; 100,000.
