Friday, June 13, 2014

Triangle Status in Nifty Spot dated 13th Jun, 2014

The triangle may be complete. 
Triangle Targets
7929
7809
7764
7734
7704
Earlier e-leg Targets
7939
7823
7718

Market may complete the e-leg of the 2nd corrective somewhere near these values.
Timewise may be another 8 days left minimum. one can guess the next target after
a level is crossed i.e. if 7764 is crossed 7809-7823 will be the target and likewise.
Buy on dips and hold longs.


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