Nifty can repeat the fall of september again which was in a form of zig-zag having the initial run as leading diagonal.
Trading strategy :
1. Buy nifty on dips for target of 15000-15050 , holding 15050 can extend to 15200-225. maintain SL of 14465 on the downside.
2. As soon nifty reaches in the resistance zone and starts rejecting then , create sell position close to 15250-300 with SL of 15350 for the downside objectives of 13700-500 .