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....... :-)
As nifty showing some sign of reversal from Head and shoulder pattern but still it is in Symmetrical trianglr pattern in both monthly and weakly chart, Hence wait for market to give sign of breakout in either ways.
Tommorrow movement will be crucial to decide direction of trend....:-)
