Nifty 29 Dec 2015 : Critical Moves to Follow

8627 could be end of a large degree wave, the corrective may test 7723.  If 7723 is held bears may be mauled by carnivorous bulls.



One should also keep an eye on the WWs that are shown in the chart below. Both black Wolves are inactive at present and will be active below their respective baselines.  The red WW is still in the making and its 4 should end in the red oval without violating the red LTL.  But as I see it, the WWs may wait for a while but need to be monitored closely.





Trade as suited to each one of you.