Downside Prevails
Our Pivot: 16.20
Our Preference: Short sell below 16.10 with strict stop loss of 16.20 and target at 15.87 and 15.75.
Alternate Scenario: Upward penetration of 16.20 will call for 16.35.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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