1 Hour Nifty Chart – CMP Nifty Spot – 5198.50
· As predicted in the last communication, Nifty open Gap down in the next day but moving in the upper trend, which confirms that B wave have different target.
· Accordingly wave b completed today (which is exactly 61% of wave a)
· Currently Wave c is ON and have lower target between 5140 -5110. This will comlete the Wave E in the leading Diagonal. Also Wave (4) expected the same target.
· And Wave (5) will begin from that. Let’s see how the Nifty will move in the next week.
