Downside Prevails
Our Pivot: 1227.68
Our Preference: Short sell below 1222.55 with strict stop loss of 12227.68 and target at 1213.08 and 1208.80.
Alternate Scenario: Upward penetration of 1227.68 will call for 1234.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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