As it can be seen that previously also nifty
formed a small
head and shoulder and given a fake rally
then afterwards it came down and same move is expected in this big
head and shoulder. So traders can go long in it for the for the targets of 8150 - 8200 but be cautions and maintain a strict stoploss of 7900. Overall it will come down after testing the targets of its fake rally. so enjoy this fake rally and dont get trapped.