Downside Prevails
Our Pivot: 52.95
Our Preference: Short sell below 52.15 with strict stop loss of 52.95 and target at 50.32 and 49.61.
Alternate Scenario: Upward penetration of 52.95 will call for 54.22.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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