Downside Prevails
Our Pivot: 1183.55
Our Preference: Short sell below 1179.30 with strict stop loss of 1183.55 and target at 1168.86 and 1162.00.
Alternate Scenario: Upward penetration of 1183.55 will call for 1189.93.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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