Last update we had a bounce above 403 to expected close to 418.35 -if 418.35 would have held -it could have been selling trade keeping 418.35 intact.
Unfortunately, we should trade what happens & not what could happen- which is where trader gets trapped.
Going below 507-515
Monthly Triangle - Bigger Picture
Selling from the zone 410-413.
Almost close to the target zone 397-400.
Sorry for the typo mistake again & apologies its 401.45 & not 301.45 as mentioned wrongly above.
Hot Knife in a Butter
Again a down day -slowly it is heading down to 330 -that will be amazing
Surpassed Target zone @397-400 - recent Low@375 on 3rd Feb2017.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ