Downside Prevails
Our Pivot: 1738.81
Our Preference: Short sell below 1731.36 with strict stop loss of 1738.81 and target at 1717.18 and 1711.57.
Alternate Scenario: Upward penetration of 1738.81 will call for 1748.49.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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