more selling expected , successfully broke head and shoulder , target 2800 level.
weakest counter - can bank, pnb
stock on the verge of breakdown- idbi
pattern suggest it has formed a h&s pattern. but stock has taken support at neckline and hence formed a doji hammer . so long can be taken with low of doji as sl for 145 plus targets.
short below doji low.
lets see how does price action behaves here
stock has formed a inverse head and shoulder and succefully closed above neckline for more than 3 days . Target of pattern is at 510-515.
one can buy with sl of 440 minor resistance at 475 (trendline resistance)