Downside Prevails
Our Pivot: 1314.53
Our Preference: Short sell below 1311.00 with strict stop loss of 1314.53 and target at 1306.00 and 1302.00.
Alternate Scenario: Upward penetration of 1314.53 will call for 1318.64.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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