Downside Prevails
Our Pivot: 1257.12
Our Preference: Short sell below 1253.54 with strict stop loss of 1257.12 and target at 1247.21 and 1244.48.
Alternate Scenario: Upward penetration of 1257.12 will call for 1260.96.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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