Downside Prevails
Our Pivot: 1646.50
Our Preference: Short sell below 1642.00 with strict stop loss of 1646.50 and target at 1632.00 and 1627.50.
Alternate Scenario: Upward penetration of 1646.50 will call for 1652.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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