Under Pressure
Our Pivot: 16.27
Our Preference: Short sell below 16.12 with strict stop loss of 16.27 and target at 15.95 and 15.81.
Alternate Scenario: Upward penetration of 16.27 will call for 16.40.
NOTE: Capped by resistant trend line of bullish trend channel.
Chart with Supports and Resistances:
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