VikramGopalAimanda
Short

nifty expected move as per wave pattern

NSE:NIFTY   Nifty 50 Index
206 0 5
Today's intraday sqeez appears to be a triangle,Last hour rise was broken on the upside of the triangle.Hence if 9614 doesnt break on the downside and we move past 9650, then that upmove could be the last rise before we see a reversal.

As per closing data, the short term trend remains up.If the rise continues further. then 9614 should be used as reference for short term trend reversal.
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