Nifty - 17Jul2012

~ Nifty has broken both the trendlines.
~ It looks like making a diagonal pattern.
~ Short below 5190
~ Long above 5215-18

BankNifty - 17Jul2012

~ BankNifty seems to be making H&S pattern
~ Support comes @ 10500 (TL)
~ Resistance comes around 10650.