Downside Prevails
Our Pivot: 1226.05
Our Preference: Short sell below 1223.24 with strict stop loss of 1226.05 and target at 1215.99 and 1211.73.
Alternate Scenario: Upward penetration of 1226.05 will call for 1229.10.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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