Downside Prevails
Our Pivot: 1220.45
Our Preference: Short sell below 1216.37 with strict stop loss of 1220.45 and target at 1209.30 and 1205.24.
Alternate Scenario: Upward penetration of 1220.45 will call for 1226.23.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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