Key Resistance @ 1340
Our Pivot: 1340
Our Preference: Short sell below 1336 with strict stop loss of 1340 and target at 1327 and 1322.
Alternate Scenario: Upward penetration of 1340 will call for 1346 and 1353.
NOTE: Capped by a resistant trend line, and supportive region penetrated in bearish direction.
Chart with Supports and Resistances:
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