NIFTY is going through a complex correction since mid-Feb. The pattern of correction started innocuously but has become much more complex in the ensuing weeks, tracing a complex triangular pattern and a triangle within a triangle. A triangle has five legs and NIFTY is right now going through the complex final leg of the triangle. This will take NIFTY down to 14000 levels in the coming days or possibly within next 10 days. Once the triangle is done, NIFTY may be expected to rise up in great acceleration. For now, brace yourself for a correction.