Downside Prevails
Our Pivot: 1227.29
Our Preference: Short sell below 1224.95 with strict stop loss of 1227.29 and target at 1219.97 and 1217.82.
Alternate Scenario: Upward penetration of 1227.29 will call for 1230.04.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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