Update on Nifty Spot intraday 17-11-2017

If Nifty spot weakens from here and unable to take out 10345 the this rally was b-leg up of higher level b-leg which remains unfinished. If Nifty proceeds from here to new highs then larger c-leg up is going on.   Since Nifty is quiet overbought in Hourly there may be a possibility of a c-leg down within larger unfinished b-leg next week.  Now if Nifty spot takes out 10345 from here then we will be left with upward c-leg itself.  Let us see what market does?