MIDCAP NIFTY has formed an inverted Head and Shoulder Pattern at the crucial 10200 Support Zone and is poised for a breakout of 10500 Zone on Monday. A gap-up opening followed by short covering may see a sharp recovery towards 10653 and if it sustains above the Pivot of 10721 may trigger a rally to regain 11000 levels next week itself.
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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.