Nifty Spot on a Head and Shoulder pattern

jvpandian Updated   
NSE:NIFTY   Nifty 50 Index
Will Nifty Spot fall till 7295 - 7272 if it closes below the recent low of 7216 for 3 days? Could 7744, 7596 prove to be the milestones on the downside? 7272 being 78.6% retracement on daily chart
Comment: Nifty could not close below 7916 for three days to fall 621 points... Because it could not break, it rocketed almost same size on the upside to test 8461.05...
Comment: From 7918 when it was posted to 10800 now... More to come


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