Downside Prevails
Our Pivot: 1254.00
Our Preference: Short sell below 1248.00 with strict stop loss of 1254.00 and target at 1236.00 and 1230.00.
Alternate Scenario: Upward penetration of 1254.00 will call for 1262.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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