Downside Prevails
Our Pivot: 1265.30
Our Preference: Short sell below 1260.27 with strict stop loss of 1265.30 and target at 1253.60 and 1251.05.
Alternate Scenario: Upward penetration of 1265.30 will call for 1270.32.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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