Is this a start of new TREND..?

4 thg 2

as we can see NIFTY despite giving huge breakout out of inverted head and shoulders pattern ended up closing at the neckline of the pattern with big tail above showing the sellers dominance hence if NIFTY couldn't sustain above then neckline and breaks below then we may see NIFTY getting weaker and could hive rise to a new trend that is DOWNTREND so plan your trades accordingly .