Channel, Pitchfork and Trend line all are meeting beautifully at a single point. Bearish Engulfing today offers a potential short trade at this juncture. I expect it to move easily for the first target of 360 and even further till 340. Stop Loss 393. Similar Setup in Reliance worked well recently.
@dev_trader, It is beauty of any Predictive art like Technical Analysis to have different views on the same chart, moreover people trade in different Time frames and having varying risk taking capacity. I do like your ideas and watch them regularly. Thanks and regards