Downside Prevails
Our Pivot: 22.95
Our Preference: Short sell below 22.40 with strict stop loss of 22.95 and target at 21.48 and 21.12.
Alternate Scenario: Upward penetration of 22.95 will call for 23.66.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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