nifty f50 target 12300
Tata motors completed m pattern and going to up red line is first target
Nifty started downtrend except one more conformation first line resistance 1
Going to double top retrace ment resistance at 62%
It is a 15 min chart and moving average is 50 day taking support
It is in the head and shoulder pattern if it rises from current point may be it is h&sh patter
Nifty fifty is in channel pattern and the current trend is sideways.from top to 2 nd line acts as a resistance line and market may be negative tomorrow.
Based on fan principle the two lines already touched and ready to touch third line then breakout occur
Bank nifty is in channel pattern and comes down