Bull looks losing strength to defend as market tested the physiological support at 1150 in intra-day basis not closing. However, immediate technical landscape remains weak and any significant breakdown again from 1150 may provide more room to bias downside potential. As for now, resistance is adjusted to 1166-1179.5. Downside support is pegged at 1148.5-1146 followed by 1130-1125.
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