Downside Prevails
Our Pivot: 53.66
Our Preference: Short sell below 52.79 with strict stop loss of 53.66 and target at 50.52 and 49.48.
Alternate Scenario: Upward penetration of 53.66 will call for 54.80.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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