1) NIFTY formed a Bullish Harami pattern if 11400 broken & sustain above it market may go up 2) if 11200 below sustained then market may enter into side ways box as previous 11200 - 10700 is range
reffer chart if 11200 not sustained or consolidation not happen in coming days 10700 may touch and market may go side ways as history 1) The market is already on its peaks few weeks back 2) Corona Virus will not have any impact on FMCG & Banks Though these sectors have fallen heavily 3) it indicates that Big players or Market profiters waiting for profit booking...
Delivery based selling - 200 EMA is crucial may take support
Reffer chart be carefull triangle breakout decides Market direction in coming days
Reffer chart look for bearish signe in Red zone Gap is working as support
look for bearish signs in red zone yo will get good RR