Nifty Spot on a Head and Shoulder pattern

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Will Nifty Spot fall till 7295 - 7272 if it closes below the recent low of 7216 for 3 days? Could 7744, 7596 prove to be the milestones on the downside? 7272 being 78.6% retracement on daily chart
注释
Nifty could not close below 7916 for three days to fall 621 points... Because it could not break, it rocketed almost same size on the upside to test 8461.05...
注释
From 7918 when it was posted to 10800 now... More to come

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