after breaking up trend has been trading in bearish channel
from several week, in spite of breakout it could not sustain the trend reversal and turned false breakout and today closed within the bearish channel
again. now it is again in the same bearish
format, traders may short at CMP
with a target of around 1195-1192 as its channel support and look for breakout there if occurs there will a further short opportunity otherwise it will again trade upward to its channel resistance.