Future expected move
Nifty is in making of Head and Shoulder pattern at top, which is supposed to be bearish sign, this will be invalidated if Nifty closes above 6150 on weekly basis.
No trade zone is 5950 to 5975 so one should book profit if shorted Nifty.
Short Nifty below 6050 which is weekly pivot this is also 23 % retrenchment of move from 5500 to 6200
Remember to book partial profit in zone 6020 to 6030
5900 to 6000 is our new expiry target from last published range of 5850 to 5940