Learning to read Price Action with P&F Charting

15 min data showing the downtrend that started from res on friday
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possible target of 1219 from that downtrend
trend res at 1229 area..this coincides with horizontal res
 
if we increase the reversal size from 2 to 3 box we can see a clearer picture
a mass of horizontal res
a prev supp...could be res at 1264
trend res at 1276 area

trend supp is is 1224 area
there are short term horizontal supports between
from the 1210 area Sujith called..it is looking a bit bullish
we need to test the reaction in those areas

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that 30 min chart again
we had 1232 res and now we hit 1264 res
1264-1272 will be a tough cookie
bears will be watching the reaction in that area
b/o points 1240 and 1248 area..so we could pullback and test the bulls
lets see

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