Downside Prevails
Our Pivot: 1240.57
Our Preference: Short sell below 1237.08 with strict stop loss of 1240.57 and target at 1231.77 and 1229.12.
Alternate Scenario: Upward penetration of 1240.57 will call for 1246.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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