NIFTY UPDATE:
Good Morning Friends :
NIFTY UPDATE : Still the correction(a-b-c) from 5965 is not yet over
,its look like that b is doing triangle, break down point is 5860 which
leads to 5740,now if a=c than NIFTY will reach 5797 and if it will
extend(c=a*1.618) than it can reach 5709, the 50 % retracement from
5549 to 5965 is at 5757 and 61.8% retracement is at 5707 ,and the trend
line support is also at 5707 , so take ur decision accordingly .
HAPPY TRADING (R.K)
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