Downside Prevails
Our Pivot: 1230.79
Our Preference: Short sell below 1235.98 with strict stop loss of 1230.79 and target at 1215.83 and 1211.10.
Alternate Scenario: Upward penetration of 1230.79 will call for 1235.98.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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