Downside Prevails
Our Pivot: 1264.5
Our Preference: Short sell below 1259.0 with strict stop loss of 1264.5 and target at 1250.5 and 1242.5.
Alternate Scenario: Upward penetration of 1264.5 will call for 1271.5.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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