Possible down move after h&s pattern is confirmed

There is a head & shoulder pattern being formed as shown in the chart. It can only be confirmed after the trendline is broken and then the 11550 level is breached. There is a clear bearish divergence from MACD also.
In case the pattern works out, it can take Nifty to 10600 level, where the up-move started from in mid Feb.
(If price breaks out on the upside and breaks 11850 level, this idea will be no more valid)

Komen:

Price comfortably broke both the trendline and 11550 level today confirming the h&s pattern.
As a positional trader I'll be looking to book profit at 1st target of 11150 (spot) and at 2nd target of 10700..

Komen:

1st target achieved pretty fast. Looking at the momentum, 2nd target should come before election result day 23 May