Downside Prevails
Our Pivot: 16.85
Our Preference: Short sell below 16.73 with strict stop loss of 16.85 and target at 16.54 and 16.46.
Alternate Scenario: Upward penetration of 16.85 will call for 17.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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