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Will NIFTY revert from here?

Indice NIFTY 50 (NSE:NIFTY)  
Stox_Ware  
NSE:NIFTY   Indice NIFTY 50
Trend Analysis Chart Patterns Technical Indicators niftyview
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trendanalysis chartpattern indicator niftyview

https://www.tradingview.com/chart/94CcAhoT/
NIFTY-50: While looking at Daily or even Weekly chart of NIFTY, it has formed Cup & Handle pattern. While looking at Fibonacci, it is at 23% and there are multiple divergence over there on the weekly chart. It indicates that it can revert from here
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