Breakout? Wait for the confirmation.. You may want to wait for confirmation, like a flag to UP side. This chart has a potential to come back to retest low one more time.
Eicher motor may come down to create flag for continuation, If this happens more down side on long term can be seen
Expect Indusind bank one more down at least to touch 61.8 level.
Raymond likely to breakout of the corrective flag, may be start of long term up trend..
Bank nifty looks very week, Expect more down side..
If PCJ makes pattern we are expecting, it can give very good move on UP side.
