Downside Prevails
Our Pivot: 1261.3
Our Preference: Short sell below 1256.5 with strict stop loss of 1261.3 and target at 1249.0 and 1246.0.
Alternate Scenario: Upward penetration of 1261.3 will call for 1266.3.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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