Downside Prevails
Our Pivot: 1230.36
Our Preference: Short sell below 1226.00 with strict stop loss of 1230.36 and target at 1218.00 and 1215.00.
Alternate Scenario: Upward penetration of 1230.36 will call for 1236.37.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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