Downside Prevails
Our Pivot: 1338.5
Our Preference: Short sell below 1331.0 with strict stop loss of 1338.5 and target at 1318.0 and 1312.0.
Alternate Scenario: Upward penetration of 1338.5 will call for 1346.0.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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