Downside Prevails
Our Pivot: 1241.32
Our Preference: Short sell below 1238.33 with strict stop loss of 1241.32 and target at 1232.87 and 1230.00.
Alternate Scenario: Upward penetration of 1241.32 will call for 1245.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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