Downside Prevails
Our Pivot: 1259.55
Our Preference: Short sell below 1256.83 with strict stop loss of 1259.55 and target at 1251.00 and 1248.27.
Alternate Scenario: Upward penetration of 1259.55 will call for 1263.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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