Bearish sentiments seems to be brewing at the top of 10610 level where market seems to be retesting the head n shoulder pattern. I took a short position as it retested it, with respect of the channel market was trading it.
An expectation of market to respect 108600 level, hence an exit of trade is placed. The idea clearing zone for a stop trail is high of its current bearish structure. Market momentum seems to be building up towards a nice channel break.
Then again, I’m not here to predict the market but i’m here to play the odds. Wishing you all luck!