Nifty Chart

Swing 8968-8555 completed at 261.8% 7886
[actual low 7893]

161.8% at 8299
broken and closed below 8299 on 11-Nov-2016 and
with Low 8284.95

Took that point as a 0% now

so swing 8968-8284

Now check yesterdays low and 138.2%
EXACT 8023.76 (138.2%) actual low 8320.8

+ve divergence will be bullish with 138.2%
support 8032(R)-8028(S)-8023(S) implies 8242-8280+ possible TGT

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