Under Pressure
Our Pivot: 1294.40
Our Preference: Short sell below 1289.50 with strict stop loss of 1294.40 and target at 1280.50 and 1276.06.
Alternate Scenario: Upward penetration of 1294.40 will call for 1301.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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