Head and Shoulder Pattern in process?

NSE:NIFTY   Nifty 50 Index
May be there is a Head and Shoulder Formation in process in Nifty on Monthly Charts. Neckline comes around 10039. If this 10000 odd levels break, then the target can be 9000 in Nifty!


My heart says that it will break the neckline but my mind says it won’t.
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