Nifty Spot

The chart of NS very clearly shows that there is STILL ROOM remaining for a DIP towards the Lower TL of the Parallel Channel. I would term this as the minor wave ii ended within the Larger wave 3 .The upmove will start from here to another ATH with whipsaws inbetween. Any break of the Lower level and staying below this for a few days will call for a deeper correction towards 18400...