Our pivot point stands at 66660.
Our preference
The downside prevails as long as 66660 is resistance.
Alternative scenario
Above 66660, look for 67630 and 68210.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 66163 and 66535).
Supports and resistances
68210 **
67630 *
66660 **
66280
65890 last
64700
64130 **
63550 *
62970 **
Number of asterisks represents the strength of support and resistance levels.


