Downside Prevails
Our Pivot: 1224.00
Our Preference: Short sell below 1221.30 with strict stop loss of 1224.00 and target at 1215.70 and 1213.00.
Alternate Scenario: Upward penetration of 1224.00 will call for 1227.75.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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