This description is only relevant if nifty forms a head and shoulder pattern in 15min chart. Nifty should again take a reversal from 18240 support level and go till 18285/18300 and reverse till 18200 to form a head and shoulder pattern and expect a fall in nifty. 1st tgt 18150. Then 200 EMA may act as a support then may become resistance if levels are broken. You...
