Sunday, May 5, 2013

Nifty view for 06-05-2013

Tomorrow critical zones to be watched:
5868 Shown in Green colour...
6019.45 shown in Red colur....
5930 prior low...

Probabilty 1:
Tomorrow nifty might take support at 5930, 6019.45 will be taken off to complete pattern Y.c which will mark the end of Big B...

Probabilty 2:
5930 support broken means, light blue channel line to be watched 5920-5910 which may reverse from this zone... Y.c.b might end in range 5920-10... then Y.c.c might go above 6019.45 once

Positive divergence suggest me probabilty 1 in lower time frame likely to occur...

If any case 5868 broken means game over, retracement of 5477- 6019.45* started or Big C started....  


Nifty 5 mins:
Violet or orange likely to play..  Note : Both case should hold 5868....


Short term view:


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