Downside Prevails
Our Pivot: 1225.5
Our Preference: Short sell below 1219.5 with strict stop loss of 1225.5 and target at 1209.5 and 1205.5.
Alternate Scenario: Upward penetration of 1225.5 will call for 1233.5.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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