Downside Prevails
Our Pivot: 16.93
Our Preference: Short sell below 16.78 with strict stop loss of 16.93 and target at 16.55 and 16.40.
Alternate Scenario: Upward penetration of 16.93 will call for 17.10.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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