Nifty50 cracked from an important level yesterday, forming a bearish engulfing
pattern on daily TF. Anyway, candlestick
patterns can be misleading if it doesn't form on the right place. If nifty50 breaks current support at 12826 and sustains below it then 12740 and 12590 levels.
But if sustains above 12920 then 13030 and 13130 can be expected. Further ATH
can be touched if holds above 13146.