Downside Prevails
Our Pivot: 1230.08
Our Preference: Short sell below 1226.64 with strict stop loss of 1230.08 and target at 1219.23 and 1215.99.
Alternate Scenario: Upward penetration of 1230.08 will call for 1234.34.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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