Pivot: 1202.00
Our preference: LONG positions above 1202 with targets @ 1227 1245.
Alternative scenario: The downside penetration of 1202 will call for a slide towards 1187 1167.
Comment: the next resistances are at 1227 and then at 1245.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
1266** Intraday resistance
1245** Intraday resistance
1227** Intraday resistance
1209.95 Last
1202** Intraday pivot point
1187** Intraday support
1167** Intraday support
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