Downside Prevails
Our Pivot: 16.10
Our Preference: Short sell below 16.05 with strict stop loss of 16.10 and target at 15.92 and 15.88.
Alternate Scenario: Upward penetration of 16.10 will call for 16.16.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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