Nifty50 17th Feb 2022

Today, on one hour chart Nifty has again trying to form Head & Shoulder pattern. More over Global Sentiments are affecting market badly so advised to trade very very cautiously keeping strict Stop Losses in System.
1- It is highly expected that we will see a zigzag pattern tomorrow.
2- In case if Nifty trade & Sustain below 17260 our target should be 17100.
3- For Upper side we have to wait till break & sustain of 17400 and our target could be 17550.
Chart PatternsTrend Analysis

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