mm042531

Nifty - H&S pattern on DTF

Short
NSE:NIFTY   Nifty 50 Index
Nifty - H&S pattern is being formed on DTF. If mkt tomorrow take support near 19230-19250 & form bullish candle than it may touch 19520-19550 in this week but near 19520-19550 seems major resistance and then might come down and daily close below 19223 might lead to 18180-18200 in coming months. So in any case 19223 is a crucial level for nifty. So don't hold any position below 19223 on daily closing basis..
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