Downside Prevails
Our Pivot: 1192.31
Our Preference: Short sell below 1188.71 with strict stop loss of 1192.31 and target at 1183.29 and 1180.43.
Alternate Scenario: Upward penetration of 1192.31 will call for 1197.40.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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