Pivot: 1315.00
Our preference: LONG positions above 1315 with targets @ 1346.5 1355.
Alternative scenario: The downside penetration of 1315 will call for a slide towards 1305 1287.
Comment: a support base at 1315 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
1370*** Intraday resistance
1355** Intraday resistance
1346.5** Intraday resistance
1337.65 Last
1315** Intraday pivot point
1305** Intraday support
1287** Intraday support
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