Nifty- Historical Narrow Range may lead to explosive activity

This is historical contraction and all these small range days will be the building blocks of one hack of expansionary wave which we are going to witness pretty soon. There is nothing much to analyse owing to small range days and since we are pretty much on the right side of the trend we just have to either trail our stop higher to 10439 from 10190 for conservative traders or the aggressive traders can continue to keep 10190 as stop on all long positions. For the record Nifty triggered a buy above 10411 and our readers would be in long positions since then.
A move below 10439 will indicate of the Ending Diagonal and if we witness a faster retracement of the low of 10194 then the Ending Diagonal might have got completed also. Therefore if 10194 breaks in next six trading sessions then we will have a completed Ending Diagonal otherwise any forthcoming dip, if at all it comes will be which will be followed by of the Ending Diagonal. Suffice to say that this contracting ranges are soon going to result into a volcanic kind of activity levels