Downside Prevails
Our Pivot: 52.50
Our Preference: Short sell below 51.89 with strict stop loss of 52.50 and target at 50.64 and 50.00.
Alternate Scenario: Upward penetration of 52.50 will call for 53.16.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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