Nifty Spot EOD Chart as on 5-7-2018 (Points Added)

Nifty Spot probably is near completion of the b-leg of correction as a contracting triangle.  All dips to 10650-10700 should be good for positional buying and an up-move is expected soon. Buying in Index future is good positionally.   400-650 (Approx) points up-move should come after completion of the triangle.   Positional S/l is 10557. On the upside d-leg shouldn't break above 10893 without e-leg else a flat correction will have to be assumed.