Downside Prevails
Our Pivot: 1260.27
Our Preference: Short sell below 1255.50 with strict stop loss of 1260.27 and target at 1248.00 and 1245.00.
Alternate Scenario: Upward penetration of 1260.27 will call for 1265.30.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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