Monday, March 5, 2018

Update On Nifty and Banknifty

Nifty / Banknifty Completed about 22 days correction from the top it had hit on 29th of Jan, 2018.  Now Correction time left is about 3 to 8 days (expected) and thereafter a fresh up-move may resume.  The structure is still bit confusing and is open from all sides.  Today's close may give some hint for the kind of correction that may be expected else we have to wait for the time correction to get over.

10490 Middle Point for Nifty so watch it for direction!