Nifty Chart Pattern prediction (Bearish pattern)Nifty 50 IndexNSE:NIFTYkmtgrafixWe often discuss chart patterns, price action, and various technical signals to anticipate market direction. This time, our focus is on the Head and Shoulders pattern—a classic bearish reversal formation. The market has spent a considerable amount of time consolidating within this range, indicating that a major move may be approaching. From a technical perspective, a meaningful price correction still appears to be pending. If this bearish pattern confirms with a decisive breakdown, the coming months could witness a significant correction. In fact, it has the potential to become the largest market decline since the post-COVID era. Traders and investors should remain vigilant, manage risk effectively, and be prepared for increased volatility.