NSE:NIFTY got stiff resistance around 11860 levels, moving above head of hypothetical pattern will make the pattern invalid and holding above it for sometime will only push stock towards 11935/65/00 levels. If the H&S pattern comes into action, index may fall towards neck line of the pattern and if breaks and hold below neckline may push further down towards 11450...
looks like we are at the end of the correction,
weekly bullish order block
4h bullish divergence
possible end of the triple 3 corrective wave here
if we want to form a 3,3,5 corrective wave, then the price might go lower