Bank Nifty Expiry Day move

Bank Nifty has created a H&S pattern in past 2 days, tomorrow being weekly expiry we need to be watchfull on both sides. As per the Data Call 40500 is the key level...if BNF sustains above it call writers may have to exit which will result in Short Covering giving fuel to the upside target of 40700-40800
Chart Patterns

Also on:

Disclaimer