Downside Prevails
Our Pivot: 1244.00
Our Preference: Short sell below 1240.53 with strict stop loss of 1244.00 and target at 1235.28 and 1232.87.
Alternate Scenario: Upward penetration of 1244.00 will call for 1250.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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