Under Pressure
Our Pivot: 16.36
Our Preference: Short sell below 16.21 with strict stop loss of 16.36 and target at 15.98 and 15.83.
Alternate Scenario: Upward penentration of 16.36 will call for 16.54.
NOTE: Capped by resistant trend line of bullish trend channel.
Chart with Supports and Resistances:
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