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Irregular triangle at the end of last leg. Any time Impulsive down move begins. Beware.


Possible Irregular triangle in finishing stage. Once this triangle completes, then we will see swift impulsive down move in market. Upside capped at 11141-11045 range.
Crucial support to watch today is 11000 spot, once this level breaches, then we will get indication of possible trend reversal.
Keep strict stoploss to long positions as we expecting swift trend reversal anywhere between 11045-11141 zone.
Resistance 11045-11141
Support 11000, 10960.
Regards,
Suryadev Bandari
Research Analyst

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