Downside Prevails
Our Pivot: 17.10
Our Preference: Short sell below 16.93 with strict stop loss of 17.10 and target at 16.50 and 16.35.
Alternate Scenario: Upward penetration of 17.10 will call for 17.31.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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