Pivot: 1245.00
Our preference: SHORT positions below 1245 with targets @ 1197 1180.
Alternative scenario: The upside penetration of 1245 will call for 1268 1279.
Comment: the immediate trend remains down and the momentum is strong.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
1279** Intraday resistance
1268** Intraday resistance
1245*** Intraday pivot point
1204.78 Last
1197** Intraday support
1180** Intraday support
1155** Intraday support
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