In this time frame the price is moving in a descending channel.
If it can reject the support range of 2791, we will see further downgrades to the 2717 range.
Otherwise the price after cross the channel ceiling failure should go towards its 0.5 and 0.618 Fibonacci range.

Support Range: 2791- 2760 to 2717
Resistance range: 2858- 2900 - 2967

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SANAM
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