Downside Prevails
Our Pivot: 1199.8
Our Preference: Short sell below 1195.6 with strict stop loss of 1199.8 and target at 1186.5 and 1181.5.
Alternate Scenario: Upward penetration of 1199.8 will call for 1205.8.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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