Friday, February 2, 2018

Nifty Spot intraday update

Likely f-leg down of higher level c-leg is in it's 4th day today and may be 2 more days to go unless 10666.75 is fully retraced in faster time (within next 3 days)  then we would conclude higher level c-leg as over. So from Monday / Tuesday Nifty may move up towards the old highes as the g-leg inside higher level c-leg for 6 days or so.  Thereafter a month of correction (Time and / or Price) due !  We have to wait and watch.  Situation is highly balanced!

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