Downside Prevails
Our Pivot: 1229.3
Our Preference: Short sell below 1226.4 with strict stop loss of 1229.3 and target at 1219.2 and 1215.6.
Alternate Scenario: Upward penetration of 1229.3 will call for 1233.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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