Downside Prevails
Our Pivot: 59.80
Our Preference: Short sell below 59.30 with strict stop loss of 59.80 and target at 58.40 and 58.00.
Alternate Scenario: Upward penetration of 59.80 will call for 60.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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