Catution
Our Pivot: 40.85
Our Preference: Short sell below 40.47 with strict stop loss of 40.85 and target at 39.85 and 39.42.
Alternate Scenario: Upward penetration of 40.85 will call for 41.25.
NOTE: Capped by 76.4% correction along with a horizontal resistance.
Chart with Supports and Resistances:
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