Downside Prevails
Our Pivot: 1723.38
Our Preference: Short sell below 1718.37 with strict stop loss of 1723.38 and target at 1707.23 and 1701.97.
Alternate Scenario: Upward penetration of 1723.38 will call for 1731.73.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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