Downside Prevails
Our Pivot: 58.00
Our Preference: Short sell below 57.60 with strict stop loss of 58.00 and target at 56.70 and 56.30.
Alternate Scenario: Upward penetration of 58.00 will call for 58.80.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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