As you can see Arrow1 it can be a flag formation. Condition for that flag formation is price should not break 294.05. Great Volume on Arrow3 may be suggest reversal trend or may be situation can be same as shown by Arrow2 .(Great volume = smart money generally) For short sell around 276.70 (SL 281) , First Target 266 Second Target 250.......
Bullish engulfing pattern...... Buy 338.6 First Target 350 Second Target 359 SL 320
BUY 153 TARGET 155.5 SL 152.75 (SCALPERS ONLY)