A wedge in formation.. Let the rising trendline get broken.. The ideal spot for taking short should be between 399-402. Going above 415 shall invalidate the current wedge pattern. We shall look for 348-355 as target zone & going below 345- target zone shall be 295-305.
Best Regards, Abhishek H. Singh, CMT India Regional Manager http://in.tradingview.com | LinkedIn India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ