Nifty View 15-19 September

By | September 13, 2008

Nifty has formed complete bearish H&S pattern and if neckline around 4200 is breached (two closes below 4159 for confirmation), bottoms of 3800 can be retested in short-medium term. However when everybody is talking of H&S pattern on Nifty, markets are known to give surprises when least expected. Weekly support 4159-4000, Weekly resistance 4435.

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