Friday, June 13, 2014

Update on Nifty Spot

Triangle assumption invalidated by Nifty Price movement. Now we are left with b-leg under e-leg of diametric. We have to see if it has completed at the day's low at 7531.15 or further downside is left today / monday. Please refer 11th June chart under Nifty for lower targets.  If the market moves up 7622 Nifty Spot the b-leg will be assumed over and c-leg up will be assumed to have resumed. 7522 is the big support

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