Downside Prevails
Our Pivot: 1194.53
Our Preference: Short sell below 1188.96 with strict stop loss of 1194.53 and target at 1181.00 and 1177.00.
Alternate Scenario: Upward penetration of 1194.53 will call for 1200.81.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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