looks like range breakout and failure, now it seems to be a pullback we have to watch the 540 levels, these level may be reject or gives way to fly further,, see the levels, in day chart double top were formed, if double top chance to reversal? we have to see what is going to happen, agriculture going good, UPL is the fertilizer company, so no negative...
In nifty, what happens on 11568, in pr days 11568 is a sell off range, even in 2018 and 2019 , 11568 range is a big sell off range..so market reacts the same, as usual 11568 range did the same, sold many 11600 550 calls, at the peak and got decent money,..market looks a reverse head and shoulder pattern, so based on previous days tommorw it will be goes to...
not breached 2000 in downside, so expect bull movement for another one round,, in day candles, last 3 were red, but after a bull green three red is just make panic, may be tmrw if it closes today low,chance for bear. Otherwise bull chance in asian paints