Downside Prevails
Our Pivot: 1200.84
Our Preference: Short sell below 1198.04 with strict stop loss of 1200.84 and target at 1191.04 and 1188.19.
Alternate Scenario: Upward penetration of 1200.84 will call for 1205.05.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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