Nifty – Markets in bull run but NOW correcting. Expect more correction as shown in above count. Below 21150 level above count is invalidated. So need to watch carefully the ensuing count.
NIFTY AUTO- EXPECT CORRECTION
NIFTY OIL AND GAS- RUN UP TOO FAST- MAY RISE AND THEN CORRECT TODAY
NIFTY IT- Under observation in short term but in bull run
NIFTY BANK- IN CORRECTION WITHIN BULL RUN
NIFTY PHARMA- IN STRONG BULL RUN BUT NOW TO CORRECT