Downside Prevails
Our Pivot: 1244.6
Our Preference: Short sell below 1240.2 with strict stop loss of 1244.6 and target at 1234.5 and 1230.6.
Alternate Scenario: Upward penetration of 1244.6 will call for 1250.2.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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