Nifty Video Update

Nifty extending on the 20 hour average so the odds gonig up of wave iii of 3 developing. Key support near 15049. Bank nifty still below the low made on Friday and consolidating. Room for a pullback to 35500 remains. Watch out for a break in the USDINR too below 72.75 to end a 5 month long inter market divergence.