Taken Support at 61.8 Fibbo Retracment levels.
Looks Positive with stoploss of 60. Expecting price movement of 165
CrudeOil inverse head and shoulder breakout
Nifty has formed head and shoulder pattern and it is expected to fall towards 7500 in coming days. Prices also face strong resistance above 7990 which was fibonacci retracement level. Break out towards downside likely to drag prices to lower levels.