Nifty Spot Daily EOD 8-12-2017

The  C-leg major started from Sep, 2017 probably as a diametric or a triangle.  Presently the b-leg of Major C-Leg in progress (Which could be over also). May be b-leg has ended as a flat on 6 Dec or after a flat and X-wave is under progress. We need a faster retracement of the last fall to get a clear signal of whether some more downmoves and colidation is left as continuing b-leg.  Let's see.