Downside Prevails
Our Pivot: 1648.82
Our Preference: Short sell below 1640.32 with strict stop loss of 1648.82 and target at 1625.65 and 1617.30.
Alternate Scenario: Upward penetration of 1648.82 will call for 1660.01.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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