Downside Prevails
Our Pivot: 16.11
Our Preference: Short sell below 16.03 with strict stop loss of 16.11 and target at 15.83 and 15.76.
Alternate Scenario: Upward penetration of 16.11 will call for 16.21.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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