Two Doji consecutively forming an "Inside day "on daily charts. A falling wedge shown in Red. 5,10 & 20 dema's bearishly aligned. Price below the 20dema for thrid consecutive day.
Half Hourly Chart
Falling wedge in green and equilateral triangle in red. Double top and Head and shoulder bearish pattern targets yet not achieved. Not much strength seen . 50 period bearishly aligned with the 200 period ema .
Sensex Daily Chart
Inside day shown vividly on the sensex.
Look for direction on break of high or low of the candle of 16th.
Happy Trading !!