Thursday, April 17, 2014

Update on Nifty Spot

If this upmove is the e-leg of the extracting triangle, it should not under any circumstances cross or touch 6833.80 and any one of the following upto a maximum below 6833.8 can be it's target :
Target 4 - Anything below 6833.8
Target 3  - 6800.07
Target 2  - 6796.70
Target 1 -  6769.38

and thereafter it should correct by minimum 169-273 Points plus time correction is also needed.  The moment we cross 6833.80 the assumption is out.


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