Downside Prevails
Our Pivot: 1246.00
Our Preference: Short sell below 1242.50 with strict stop loss of 1246.00 and target at 1237.00 and 1234.40.
Alternate Scenario: Upward penetration of 1246.50 will call for 1251.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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