Downside Prevails
Our Pivot: 16.05
Our Preference: Short sell below 15.85 with strict stop loss of 16.05 and target at 15.50 and 15.35.
Alternate Scenario: Upward penetration of 16.05 will call for 16.30.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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