Under Pressure
Our Pivot: 16.79
Our Preference: Short sell below 16.55 with strict stop loss of 16.79 and target at 16.15 and 15.90.
Alternate Scenario: Upward penetration of 16.79 will call for 16.95 and 17.10.
NOTE: Capped by a horizontal resistance.
Chart with Supports and Resistances:
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