The price bounced from the support zone
formed by SMA100 and 1000.00 support level
confirmed price reversal. The new swing low is higher than the previous one and if the market breaks the previous high, we'll get a signal confirming further upward movement. MACD
signal and DMI allows opening long trades. Buy orders can be placed above the previous swing high at 1265.00 level. Stop orders must be below the support at 930.00 level. For short term trading the target should be at 1500.00 level. For long run it's better to fix profit at 2000.00 level.