Nifty Chart EOD 29th Sep, 2015

Nifty correction  as a-leg of the entire correction or the correction itself is getting completed as an extracting triangle or a diametric. Let us see what it is!  Breakout above b-d line will be  the confirmation that the correction is over. In 6 days including today Nifty has to attempt 8055 plus  for faster retracement of the last leg. Which will confirm the correction over or larger a-leg of correction over. In both cases Nifty has to move up. Else a diametric second leg of corrective is still going on and will take some more time to get over.