Nifty Hourly and Daily Chart at 12 Noon 5th April, 2017 - Revised Chart

Nifty is now in it's last g-leg of upmove from 7893.80 after which some x-wave (Minor correction) or a major correction can be expected! a-leg, c-leg and e-leg have consumed between 9- 19 days and b-leg, d-leg and f-leg have consumed 6-7 days.  now the last leg i.e. g-leg is ongoing and have consumed 6 days till today and it may go on upto 14 days.  The maximum limit of this structure to complete is 9560 around as par previous ending triangular pattern completed at 7893.80.   The resistance and maturity points can also be around 9376 or 8472 level. Let us see!