Downside Prevails
Our Pivot: 1199.60
Our Preference: Short sell below 1195.92 with strict stop loss of 1199.60 and target at 1186.34 and 1181.92.
Alternate Scenario: Upward penetration of 1199.60 will call for 1205.49.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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