Downside Prevails
Our Pivot: 1499.72
Our Preference: Short sell below 1481.03 with strict stop loss of 1499.72 and target at 1455.24 and 1440.42.
Alternate Scenario: Upward penetration of 1499.72 will call for 1522.28.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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