The Price action seems bullish from here after a decent downtrend. Reasons:
1) 3 strong red candles are nullified by a single green candle with above average volumes.
2) Happened near lower line of a channel.
Target: 1020 (upper end of Channel)
SL: 844 (recent swing low)
(PS: Expect a little resistance at the control price.)
Tomorrow on NSE:NIFTY , if a big green bullish bar emerged from day's opening price (engulfing previous 3 red bars), it will be a Three line Strike pattern, which is a highly bullish pattern with 84% accuracy rate!
However if its a bearish red bar, then it will be a three black crow pattern which will confirm long term bearish phase! See my other posting also on...