Downside Prevails
Our Pivot: 1738.09
Our Preference: Short sell below 1727.13 with strict stop loss of 1738.09 and target at 1704.56 and 1696.59.
Alternate Scenario: Upward penetration of 1738.09 will call for 1753.97.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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