NIFTY has formed head and sholder pattern -
On upside if brakeout observed thn --1800 is a level to watch
On downside if immediate support of 17615 is not respected then 17200--17100 levels can be seen
Nifty is likely to respect the lower trendline
If Nifty manages to close above 17901--17945 then a short correction is expected following the upper tendline
Targets- Its likely for Nifty to achieve 19k ++ targets once it breaks the hourly trendline
