Downside Prevails
Our Pivot: 1217.59
Our Preference: Short sell below 1214.73 with strict stop loss of 1217.59 and target at 1209.51 and 1207.11.
Alternate Scenario: Upward penetration of 1217.59 will call for 1221.07.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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