Downside Prevails
Our Pivot: 1260.8
Our Preference: Short sell below 1256.0 with strict stop loss of 1260.8 and target at 1248.0 and 1245.0.
Alternate Scenario: Upward penetration of 1260.8 will call for 1265.8.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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