Downside Prevails
Our Pivot: 1316.91
Our Preference: Short sell below 1312.25 with strict stop loss of 1316.91 and target at 1306.02 and 1303.42.
Alternate Scenario: Upward penetration of 1316.91 will call for 1322.31.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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