After completion of 2nd Corrective on Wednesday i.e. 20th Jan, 2016 at 7241.50 ending the g-leg of the bow-tie diametric Nifty has started moving up now. Close above 7470.90 will confirm upside. 1st Target 7500-7600 , 2nd target 7675-7725 and thereafter 0-X line. Present strategy should be to buy on dips as long as Nifty continues to make HH/HL structure and maintain the positive bias.
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