Downside Prevails
Our Pivot: 1244.84
Our Preference: Short sell below 1240.22 with strict stop loss of 1244.84 and target at 1234.50 and 1230.57.
Alternate Scenario: Upward penetration of 1244.84 will call for 1250.19.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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