Tail doesn't always mean that the price will reverse.If the second candle is long down from the tail it means that price will move down.
The less time price spends at a certain price level, the more effective that price level will be in providing support or resistance for future price...
INDUS BANK IND IN TREND CHANNEL TOUCHED ITS TOP CHANNEL RESISTANCE STILL ANOTHER RESISTANCE MORE TO TOUCH TO GET PERFECT REVERSAL FOR SHORT ....ANALYSE THEN TRADE.
FIND THE REVERSAL CONFIRMATION THROUGH CANDLE AND USE OF INDICATORS ANDGO FOR SHORT AFTER CONFIRMING .
sell around 21672 .76 sl 21782.56 target 21619 - 21583 - 21546- 21509
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