Downside Prevails
Our Pivot: 1257.5
Our Preference: Short sell below 1253.5 with strict stop loss of 1257.5 and target at 1247.2 and 1244.4.
Alternate Scenario: Upward penetration of 1257.5 will call for 1261.5.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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