Update on Nifty Spot

Sustaining above 8800 would be very bullish and chances of a pre-budget and post budget rally will be high. The chart count posted earlier may have to be revised and the low made yesterday could be the end of b-leg of the major c-leg of the diametric and the c-leg up has started.  The updated chart will follow as soon as prices confirm.  But trade with highest caution as anything can happen!!