Downside Prevails
Our Pivot: 1711.42
Our Preference: Short sell below 1705.56 with strict stop loss of 1711.42 and target at 1695.07 and 1689.74.
Alternate Scenario: Upward penetration of 1711.42 will call for 1721.66.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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