Downside Prevails
Our Pivot: 1197.28
Our Preference: Short sell below 1194.53 with strict stop loss of 1197.28 and target at 1186.00 and 1181.72.
Alternate Scenario: Upward penetration of 1197.28 will call for 1201.88.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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