For big fall nifty need to go below 20000, exact price is 19860/40, no matter if it will closing above 20300, it needs low made of 19800 in this month, there should be handing men pattern on next candle, than it will work otherwise not, after that confirm big fall... atleast 1500 to 1800 points fall, for more bullish need to stick on 20900 to 21100 levels, volumes...
There is Doji+hammer on weekly chart, generally these type of pattern can gives good up move if all the factors of markets are neutral or positive obviously, So i think there is two big factors for bullish trend in next season, 1st is W pattern, 2nd is just like old time support taken on this levels with Doji+hammer.. Keep eye... 👁️ Price can move...
Cup and handle breakout, it can boost up to 540... from my view