Friday, March 17, 2017

Nifty Spot 30 Min Chart as on EOD 16th Mar, 2017

The last g-leg of the diametric after completion of correction at 7894 in the form of Neutral triangle is going on. g-leg can take 6  - 13 days or more.  There may be a major correction or a minor x-wave correction after completion of g-leg and thereafter another leg to the current rally may emerge. Minimum target of this rally was 9560 with +/- 3% allowed variance. Holding 9000 around may take the rally to much bigger highes in future.



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