Downside Prevails
Our Pivot: 1228.08
Our Preference: Short sell below 1225.07 with strict stop loss of 1228.08 and target at 1216.87 and 1214.01.
Alternate Scenario: Upward penetration of 1228.08 will call for 1233.12.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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