Nifty Futures head and shoulders

CHART-II

• Small GAP between 5986 - 5903 is faded.
• Head and shoulders is showing its effects. Target is about 60 points from 5934 area

CHART-I

• Index should trade above 5934 for favouring bulls. If it trades above 5934 that means trading above the head and shoulders neckline which was broken.
• There is a small GAP between 5903 - 5986. This GAP is giving support for now. But this may get filled and if price trades below 5986 it will target the recent low of nifty futures. So only if NF trades above 5934 we will see some strength coming back