Downside Prevails
Our Pivot: 1321.5
Our Preference: Short sell below 1316.0 with strict stop loss of 1321.5 and target at 1307.0 and 1302.0.
Alternate Scenario: Upward penetration of 1321.5 will call for 1328.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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