A WEIRD HYPOTHESIS Nifty chart 1. weekly chart Now lets Just rotate the image 180 degree and we'll have a picture like this Nifty weekly chart 2. Now it seems like the Nifty is making almost a copy of its previous pattern(as inverted) and we can see a swings and moves here 3. This is the moves and swings on nifty till now inverted 180 degree. As we can see a repeating pattern like this matching with the current moves as visible on image 2 above. Now if we predict the move in the current chart with the past nifty chart inverted 180 degree, we can see a future moves like this Its looks so weird but so is Market Its not technical analysis and I am not predicting any such , its just a interesting pattern I recognised on market fractal chart
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TISCO GET SET GO Above is a Monthly chart of Tatasteel TataSteel forming a technical Head and Shoulder pattern Delivery percentage has also risen in the current trading months with a neck line at 427 If the HS pattern pans out well the price target will be around 612 -648 range positional buying Stop loss will be 382 and 337 as per comfy level Currently TataSteel is around 415 However market is at life time high so be cautious and try to invest in a correction Market subject to risk and sentiments Only time will tell