Hourly Analysis

HI,

Above is hourly nifty spot chart. Can you look a pattern? Yes my fav.. one. Nifty spot is in process to IH&S (Bullish), but right shoulder need some time to match perfect pattern. Left shoulder made low of 4768. Expect some dn or sideway then one hourly closing above that green line will give breakout.

Fingure crossed

Johnny