I am looking at a lower level chart, compressed to have a better idea of what is in store. The main points worth mentioning are as follows.
- The 5th touch of the swing; that is; at the top trend line, failed to TT.
- It looks like forming A Head and Shoulders At the moment, whose confirmation will be a breakdown below "B"
- If the Breakdown as mentioned above happens, The BT will attract NIFTY towards it.
- You know what will happen if it pierces BT.
- As it stands, the rally is too close to an end.
- Considering the above points, a "soft start" can be expected tomorrow, which may accelerate towards BT as the time passes.


