Nifty Spot 4 Hour Chart EOD 25th May, 2015

We are now in the b-leg down of the current 12 day old uptrend  that started from 7997.15. The 8300 zone is strong support on EOD basis for Nifty Spot and dips towards that should be bought. Nifty may remain sidewise for a while before moving up again for the c-leg. Worry will be there if Nifty keeps sustaining below 8300.