Downside Prevails
Our Pivot: 1229.26
Our Preference: Short sell below 1226.41 with strict stop loss of 1229.26 and target at 1219.22 and 1215.57.
Alternate Scenario: Upward penetration of 1229.26 will call for 1233.02.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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