Downside Prevails
Our Pivot: 1200.24
Our Preference: Short sell below 1196.21 with strict stop loss of 1200.24 and target at 1188.37 and 1183.84.
Alternate Scenario: Upward penetration of 1200.24 will call for 1206.88.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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