Downside Prevails
Our Pivot: 1228.63
Our Preference: Short sell below 1223.69 with strict stop loss of 1228.63 and target at 1214.56 and 1211.30.
Alternate Scenario: Upward penetration of 1228.63 will call for 1234.92.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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