On the weekly charts, Nifty has formed inverse H&S pattern with neckline at 9085, sustaining above which Nifty is all set to climb higher levels with a target of 11,000.
The target may be achieved by March 2018, approx 12 months from now. This is the time Nifty has taken from its lows (Head) in March 2016 till it achieved the breakout above the neckline.
