Caution
Our Pivot: 1273
Our Preference: Short sell below 1267.75 with strict stop loss of 1273 and target at 1257 and 1253.
Alternate Scenario: Upward penetration of 1273 will call for 1277 and 1281.
NOTE: Moving in a bearish channel for a correction.
Chart with Supports and Resistances:
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