Thursday, August 28, 2014

Nifty Spot Hourly Chart - 28th August, 2014

g-leg of 2nd corrective is on and of which a-leg done, b-leg done or running. If b-leg is done the c-leg may have already started (which may be confirmed with strength above the last high 7968.25 only ) else b-leg may continue for some more time in a sidewise fashion. The g-leg of the diametric 2nd corrective may turn up as a ZZ or an Extracting triangle.

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