Turning Down
Our Pivot: 42.35
Our Preference: Short sell below 42.00 with strict stop loss of 42.35 and profit target at 41.40 will extension towards 41.20.
Alternate Scenario: Upward penetration of 42.35 will call for 42.65.
NOTE: Hourly momentum indicators are changing their direction towards bearish side and its being capped by strong horizontal resistant regions.
Chart with supports & resistances:
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