NIFTY UPDATE

NIFTY as long as stays above yesterdays low on a closing basis should continue its upmove even in short term. In my post on 3rd,JULY I expected market to give a pullback on THURSDAY or FRIDAY markets gave that pullback but that was bit shallow. A higher high above (19,530) would complete a HARMONIC CHANNEL from lows of (18,646) NIFTY also completed a HEXAGON rotation in past week. It’s all so good so far. for now things could stay this way till 14th,JULY the decisive test for overall structure would take place between (14th,JULY to 1st,AUGUST) Plenty of things can happen within this TIME window would get in more detail as things starts to unfold.

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