Update on Nifty Spot

0-b Line got broken today which is the first stage of confirmation and next stage of confirmation is a full retracement of c-leg up to 10677 in lesser time. The corrective down move now has to retrace 10677 in another 22 days while it has completed 16 days to today.  If that happens we have started the bear market already.

We may get a clear picture this week if a triangle is forming from the last low.

Intraday 21-9-2018

Nifty Future (Bias - Negative) 


Weak Below / Strong Above 11350. 



Banknifty Future  (Bias - Negative) 



Weak Below / Strong Above 26512.