Downside Prevails
Our Pivot: 1251.2
Our Preference: Short sell below 1246.2 with strict stop loss of 1251.2 and target at 1238.6 and 1235.5.
Alternate Scenario: Upward penetration of 1251.2 will call for 1256.9.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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