Nifty has broken a two year long term trendline.

14 Ara 2021

Since March 2020 Nifty is in a bull run and has been creating a steep trendline, which finally has been broken nearly after 2 years. Are we going to see a deep correction now? Only time knows. Apart from that Nifty has created a Head and Shoulders pattern on a Daily Time frame and that is too near all-time highs.