My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
February 18, 2013
NIFTY Chart analysis
Middle bollinger band, 100 Week SMA and 50% Fib level are immediate support levels for nifty. If nifty takes support here a bounce towards 5970 levels looks likely to happen. Correction from there may give a Head and Shoulders pattern in nifty.