One very interesting thing which is happening right now is the formation of a harmonic move (Bearish Alt shark) since April 22nd only when it comes in to the price reversal zone of 15340 - 14160. we can see a deep correction. There are possibilities that the nifty has again continue the rally, RIL has given the breakout of 8 months consolidation phase. That will not allow the nifty to fall.