Downside Prevails
Our Pivot: 1613.37
Our Preference: Short sell below 1604.02 with strict stop loss of 1613.37 and target at 1583.36 and 1573.62.
Alternate Scenario: Upward penetration of 1613.37 will call for 1629.35.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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