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Nifty: Which Of the Two Forks is Valid?

NSE:NIFTY   Nifty 50 Index
Your guess is as good as mine wrt above question. If price breaks the lower parallel of magenta fork, it would be a failure and hagopian rule will be in play.

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Sir any update ?
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tomorrow you'll see the rocket climbing
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Nice chat. Finally, everything are just waves - waves of fear (corrective wave) or greed (motive/impulse wave) :)
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Some News Shows "Fed Doesn't Increase Rate !" it will be status quo
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Sure Dude ! I'm with you !
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