Nifty is consolidating very well for day trading .
This is Consolidation type of Break out trade .
When Broken Down Observe for Close below the PDL
Strong direction is to short.
Sunpharma is forming head and shoulders pattern along with Series of Lower lows
When there is a build up near the support its going to go a long way.
Safetraders can eye on 1.618 Fib target while others can ride on!