0
60
Pivot
(invalidation):
12314.00
Our preference
Short positions below 12314.00 with targets at 12230.00 & 12190.00 in extension.
Alternative scenario
Above
12314.00 look for further upside with 12375.00 & 12439.00 as targets.
Comment
The index currently faces a challenging resistance area at 12314.00.
