Key Resistance @ 17.44
Our Pivot: 17.44
Our Preference: Short sell below 17.29 with strict stop loss of 17.44 and target at 17.05 and 16.90.
Alternate Scenario: Upward penetration of 17.44 will call for 17.63.
NOTE: Moving in a bearish trend channel and right now capped by a resistant trend line.
Chart with Supports and Resistances:
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