Downside Prevails
Our Pivot: 1194.92
Our Preference: Short sell below 1189.58 with strict stop loss of 1194.92 and target at 1181.66 and 1177.14.
Alternate Scenario: Upward penetration of 1194.92 will call for 1202.07.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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