Either we should get the break of 113.75 -X-Wave Low to confirm that Bhel has put the email@example.com- In that case we shall see Bhel going below 90.15 low as well.
Likely we should wait for a pullback in the zone 145-155 -Most Important -High of 162.90 should be intact as that is critical level as if now. Once we see the pullback & get some confirmation then with a stop slightly above 162.90 - we shall use all the weapons in our arsenal to take short positions.
Abhishek H. Singh, CMT
Post 135 - a pullback was seen right in the black hole 145-155 -making a top@146 & later falling to 116.10 -recent low.