Pivot: 1203
Our preference: Short positions below 1203 with targets @ 1195 1192 in extension.
Alternative scenario: Above 1203 look for further upside with 1209 1212.5 as targets.
Comment: The index currently faces a challenging resistance area at 1203.
Supports and resistances:
1212.5
1209
1203
1201 Last
1195
1192
1189
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