Downside Prevails
Our Pivot: 1228.43
Our Preference: Short sell below 1225.13 with strict stop loss of 1228.43 and target at 1218.84 and 1215.68.
Alternate Scenario: Upward penetration of 1228.43 will call for 1233.16.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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