Tuesday, July 15, 2014

Nifty Spot 4 Hour Chart EOD 14th July, 2014

Whether Nifty finished the major F-leg up and started the major G-leg down time will tell. Not breaking 7377 and a rally will probably confirm the unfinished g-leg of major F-leg is still pending. Now after the completion of the 2nd corrective of F-leg one could get an x-Wave down also and thereafter the third corrective inside larger F-leg may also unfold. Lots of options!!

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