Downside Prevails
Our Pivot: 1260.5
Our Preference: Short sell below 1257.8 with strict stop loss of 1260.5 and target at 1252.0 and 1249.5.
Alternate Scenario: Upward penetration of 1260.5 will call for 1264.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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