Downside Prevails
Our Pivot: 1300.67
Our Preference: Short sell below 1295.83 with strict stop loss of 1300.67 and target at 1285.42 and 1280.00.
Alternate Scenario: Upward penetration of 1300.67 will call for 1307.65.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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