Downside Prevails
Our Pivot: 52.42
Our Preference: Short sell below 51.93 with strict stop loss of 52.42 and target at 50.29 and 49.39.
Alternate Scenario: Upward penetration of 52.42 will call for 53.66.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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