Downside Prevails
Our Pivot: 16.08
Our Preference: Short sell below 16.01 with strict stop loss of 16.08 and target at 15.88 and 15.82.
Alternate Scenario: Upward penetration of 16.08 will call for 16.17.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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