Downside Prevails
Our Pivot: 53.28
Our Preference: Short sell below 52.60 with strict stop loss of 53.28 and target at 51.41 and 50.89.
Alternate Scenario: Upward penetration of 53.28 will call for 54.09.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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