NIFTY (5366) - Yesterday it touched 5400 and it seems top out even though not confirmed all the way exactly. But in one year purview, it already forming Head and Shoulder pattern. Right shoulder @ 5400 formed in Oct. 2011 and Head formed @ 5630 in Feb. 2012 and yesterday it forming Left shoulder @ 5400. I n case in coming days, if it is not trade and stays above 5400 then expect down side move , for that, down side target and support 4700+ and /or afterwards 4500+. (it may take days or weeks) ***** But in coming days it if trade and stays above 5400 then the above mentioned pattern is going to nullify and in that case expect minimum upside target 5600+ to 5700+ ...