Downside Prevails
Our Pivot: 40.40
Our Preference: Short sell below 39.50 with strict stop loss of 40.40 and target at 37.62 and 37.08.
Alternate Scenario: Upward penetration of 40.40 will call for 41.65.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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