Downside Prevails
Our Pivot: 1600.29
Our Preference: Short sell below 1591.90 with strict stop loss of 1600.29 and target at 1575.55 and 1566.79.
Alternate Scenario: Upward penetration of 1600.29 will call for 1613.32.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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