Wednesday, July 9, 2014

Update on Nifty Spot Hourly Chart

Nifty has resumed the f-leg of the 2nd corrective 7580 and 7515 are the supports for the day. The g-leg (can end as a failure too) is left here after.  Generally the g-leg and f-leg's are taken up very quickly with great speed. Thereafter the major F-leg will complete. Situation is getting bearish for a couple of months.


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