Downside Prevails
Our Pivot: 1258.81
Our Preference: Short sell below 1256.26 with strict stop loss of 1258.81 and target at 1251.00 and 1248.27.
Alternate Scenario: Upward penetration of 1258.81 will call for 1262.11.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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