Downside Prevails
Our Pivot: 17.32
Our Preference: Short sell below 17.11 with strict stop loss of 17.32 and target at 16.61 and 16.40.
Alternate Scenario: Upward penetration of 17.32 will call for 17.59.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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