Downside Prevails
Our Pivot: 1225.60
Our Preference: Short sell below 1220.58 with strict stop loss of 1225.60 and target at 1214.71 and 1211.10.
Alternate Scenario: Upward penetration of 1225.60 will call for 1230.80.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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