Our Pivots: 100.95
Our Preference:Short Sell NML below 98.00 with a strict stop loss of 100.95 and profit target at 92.13
Alternate Scenario: Upward Penetration of 100.95 will call for 102.82
NOTE: NML is being caged by a weekly triangle and is getting strong resistance from its bearish trend line also it not become able to recover from its bullish correction so its expected that it would now mover toward bearish expension.
For New Entries (Short Sell Below 98)
For Existing Holders (Book profits near given levels)
Weekly Chart with Supports and Resistance:
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