Nifty Forming Head and Shoulder Formation In Daily Chart
As Shown in Daily Chart Nifty Forming H&S Patern Clearly , Hence We can Expect it to Fall to 16000 level within upcoming 10 to 15 Days, Just wait for confirmation by market in upcoming 2-3 Days that it should close near 17000 level....... :-)
Note
Market showing some reversal but still i recommend wait for upcoming 2 days closing as it is showing symmetrical triangle channel,....Note
Nifty Coming down to 17000 level, so to days closing near 17000 level will confirm head and sholder pattern, Target is 16000 within 12 to 15 days.....best of luck
Note
seems we are reeching our targetNote
we are near to our target
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