Is Nifty forming an inverted head and shoulder pattern

Too soon to comment but is Nifty forming an inverted head and shoulder on a daily chart?
There is significant down trend.
Then there is a shoulder and Head already formed.
Let's see how it pans out in the coming days.

Note: Do not exit your portfolio stocks just because there is a shooting star candle seen on a daily chart.
There are always different ways to look at something.
Head and Shoulders

Penafian