Pivot: 1221.00
Our preference: LONG positions above 1221 with targets @ 1238 1244.
Alternative scenario: The downside breakout of 1221 will open the way to 1213 1204.
Comment: the RSI is mixed to bullish.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
1252** Intraday resistance
1244** Intraday resistance
1238** Intraday resistance
1234.4 Last
1221** Intraday pivot point
1213*** Intraday support
1204** Intraday support
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