Downside Prevails
Our Pivot: 1302.31
Our Preference: Short sell below 1298.28 with strict stop loss of 1302.31 and target at 1290.32 and 1286.00.
Alternate Scenario: Upward penetration of 1302.31 will call for 1307.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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