Tuesday, April 21, 2015

Update on Nifty Spot

If nifty is able to bottom out for a bias change in the range of 8384-8436 the earlier posted chart showing b of e-leg is still valid and Nifty may bounce for c-leg up of e-leg of 3rd corrective from these levels. However, if the last low of 8269 is retraced fully the chart would change. So, shorts watchout the range!! Nifty may hit a short term bottom soon (Need confirmation!).

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