Nifty waiting for a long correction.

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Nifty has formed a head and shoulders.

If the neckline is broken then expect a good fall in Nifty.

Bulls will try to give a recovery but does not look like it will be long one.

Keep a watch on neckline.

Play safe and Happy trade :)

Note: Views only for educational purpose. Consult your financial advisor before any trade.
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Neckline breached and going strong downtrend.
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If 11090 breached in 1 hr then it will head for 10900.
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I see a short term pullback in Nifty if global market end positive today.....so keep a tab on US market.
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Chart PatternsTechnical IndicatorsTrend Analysis

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