HEAD AND SHOULDER POSSIBLE FORMATION ON H1 TF. POSSIBLE REVERSAL IN PLAY. NEW HIGHER LOW SUPPORT @ 13235.1 . PRICE MAY MOVE UPWARDS AND MAKE A HH @ 13520 - 13523.5.
IF BULLISH ENGULFING CANDLE FORMS AND PRICE CLOSES ABOVE 13274.5 - 13280, CONSIDER BUY POSITIONS FROM 13290 - 13300. TP1 @ 13395.0 TP2 @ 13437.9 - 13445.0 . TP3 @ 13524.4. SL @ 13240
IF MARKET CHANGES DIRECTION AND BECOMES BEARISH, INSERT SELL STOP @ 13237.0 , TP @ 13143.0