NSE:NIFTY   Nifty 50 Index
Nifty is on make or break level.

It form H&S pattern on weekly chart with neck line 21370. Current week will be the high volatile due Budget and FED meeting outcome.

Nifty may test 21970 on higher side in under high volatility of both event. if It test these level during budget speech and break lower level on down side 21370 on weekly chart H&S pattern will be confirmed.

Next target for this pattern would be 20960-20800.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.