Downside Prevails
Our Pivot: 1218.56
Our Preference: Short sell below 1212.65 with strict stop loss of 1218.56 and target at 1207.23 and 1204.15.
Alternate Scenario: Upward penetration of 1218.56 will call for 1224.60.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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