Downside Prevails
Our Pivot: 1236.00
Our Preference: Short sell below 1232.31 with strict stop loss of 1236.00 and target at 1224.50 and 1220.00.
Alternate Scenario: Upward penetration of 1236.00 will call for 1242.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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