Downside Prevails
Our Pivot: 1219.50
Our Preference: Short sell below 1215.34 with strict stop loss of 1219.50 and target at 1209.30 and 1205.24.
Alternate Scenario: Upward penetration of 1219.50 will call for 1225.22.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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