NIfty currently at monthly Resistance formed a bearish engulfing pattern. A End of Nice 450 points rally longs should immediately exit and short selling with sl of 8210 should be initiated this level is also previous selling zone in august 2015.
INDUSIND BANK IS FORMING A Head and Shoulder Pattern at the Top, shorting at current level of 1100 with a SL of 1120 and target price of 1060-1040 offers good risk reward ratios.