Pivot: 1226.00
Our preference: LONG positions above 1226 with targets @ 1244 1252.
Alternative scenario: The downside penetration of 1226 will call for a slide towards 1215 1204.
Comment: the RSI is bullish and calls for further advance.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
1267** Intraday resistance
1252** Intraday resistance
1244** Intraday resistance
1238.98 Last
1226** Intraday pivot point
1215*** Intraday support
1204** Intraday support
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