Scary nifty pattern - HNS
Nifty is looking weak with FII continuesly selling. Now it looks like the downfall is yet not over. Or it's just make believe. Well, it depends if neckline breaks and confirms the pattern. Or it's a make believe and this will kick out weaker bulls? Only time will tell. Let's.
Another thing to note, that if it falls as per pattern, it will be a solid 11% correction for Nifty. That is significant correction.
Only time will tell.
Another thing to note, that if it falls as per pattern, it will be a solid 11% correction for Nifty. That is significant correction.
Only time will tell.
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