Downside Prevails
Our Pivot: 1225.06
Our Preference: Short sell below 1228.73 with strict stop loss of 1225.06 and target at 1217.59 and 1214.44.
Alternate Scenario: Upward penetration of 1225.06 will call for 1233.32.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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