Downside Prevails
Our Pivot: 16.47
Our Preference: Short sell below 15.57 with strict stop loss of 16.47 and target at 14.00 and 13.27.
Alternate Scenario: Upward penetration of 16.47 will call for 18.06.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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