Nifty making reverse Head&shoulders pattern in daily timeframe

Updated
Nifty making Reverse Head&shoulders pattern in daily timeframe.
If it touches 17000 and reverse then break neckline , lead to wonderful rally.

If it fails to sustain above 17000 (Second shoulder) not formed then this chart pattern will be invalid.



Note
Touched 17000. wait for a retracement or expected a further fall in market
Beyond Technical AnalysischartanalysisChart Patternshead_and_shouldernifty50niftyanalysisTrend Analysis

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