Interpreted Prediction
If a head and shoulders pattern on Nifty breaks down, the initial target could be around 23,500, based on the shoulder height.
AI Evaluation Notes
The Nifty 50 index closed at 21,710.8 on January 1, 2026. The prediction of 23,500, based on a head and shoulders pattern breakdown, was significantly off, making it a very inaccurate prediction.