Nifty Update

Please note from Monday onwards you will get regular updates including Bank nifty. 

Today Nifty has broken the low of 14635 and hence i have to change the count..Instead of 1 and 2 i am now taking this as WXY.Nifty has touched the 40 EMA which is at 14560. If this level breaks the next support level is the 50% retracement right from 29th jan lows which is at 14508
followed by the lower Bollinger band at 14442. After this wave 3 should eventually start.