Mixed cues from the global markets as no effective progress in U.S-China tariffs deal is going to raise concerns over global growth in demand as any failure to deal will impose additional tariffs on China. In domestic front, the slippage in targets of GDP is continued to keep the Indian investors edgy. The index was opened on a flat to positive note and continued to remain in the grip of bears but a stagnancy is still persisting in the index. The index made a high of 11,967.50 levels. Indices are trading mixed while auto stocks gained 1.25%. Market Breadth is neutral as 849 stocks are advanced while 869 stocks are trading in red. On hourly scale, Nifty50 has formed a 'Head and Shoulder' pattern that signals for a bearish reversal and possesses high reliability. RSI is trading at 48.61 levels and hinting for a lackluster approach. Stochastic oscillator has given a bullish crossover.