Downside Prevails
Our Pivot: 1230.70
Our Preference: Short sell below 1228.00 with strict stop loss of 1230.70 and target at 1220.60 and 1217.40.
Alternate Scenario: Upward penetration of 1230.70 will call for 1234.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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