Pivot: 1276.00
Our preference: LONG positions above 1276 with targets @ 1298 1320.
Alternative scenario: The downside penetration of 1276 will call for 1267 1247.
Comment: a break above 1298 would have strong bullish implications.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
1338** Fib retracement (61.8%)
1320** Intraday resistance
1298*** Previous high
1287.47 Last
1276** Intraday pivot point
1267** Intraday support
1247** Intraday support
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