Downside Prevails
Our Pivot: 1642.98
Our Preference: Short sell below 1639.58 with strict stop loss of 1642.98 and target at 1632.25 and 1629.49.
Alternate Scenario: Upward penetration of 1642.98 will call for 1648.30.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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