Downside Prevails
Our Pivot: 17.40
Our Preference: Short sell below 17.09 with strict stop loss of 17.40 and target at 16.51 and 16.23.
Alternate Scenario: Upward penetration of 17.40 will call for 17.85.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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