Nifty view for 29-05-2013

As expected Nifty moved up and made divergence in 5 mins with sell but problem here is whether ended or not... So certain levels need to be taken out to confirm the upmove is ended and C has begun...
That level is 6070.9... Below which  C down move started...

Larger degree counts... :
Hrly sell yet to issue.. If issues C can be confirmed...

Sell issued on 15 mins already issued...

Upmove from 5940 to 6129...
Sell issued with negative divergence on 5mins.... 

Last wave ended or not from 6056.2...
One more high seems pending or could truncate...

Counts from 5936 Big B as follows:

a 5936.85 6006 69.15
b 6006 5967.55 -38.45 -0.55*a
c 5967.55 6127.25* 159.7* 2.30*a so far

c.i     5967.55 6033.5 65.95
c.ii      6033.5 6012.35 -21.15 -0.32*c.i
c.iii      6012.35 6099.4 87.05 1.31*c.i
c.iv.a     6099.4 6069.6 -29.8
c.iv.b 6069.6 6111.2 41.6 -1.39*c.iv.a
c.iv.c 6111.2 6056.2 -55 1.84*c.iv.a
c.v      6056.2 6127.25* 71.05* 1.07*a so far


c.v.i   6056.20 6085.70 29.50
c.v.ii    6085.70 6070.90 -14.80 -0.50*c.v.i
c.v.iii    6070.90 6127.20 56.30 1.91*c.v.i
c.v.iv  6127.20 6089.85 -37.35 -0.66*c.v.iii
c.v.v  6089.85 6126.25* 36.40* 6137.5 max


c.v.v.i 6089.85 6105.20 15.35
c.v.v.ii 6105.20 6096.15 -9.05
c.v.v.iii 6096.15 6126.25 30.10 1.96*c.v.v.i
c.v.v.iv 6126.25 6103.25 -23.00
c.v.v.v 6103.25 6114.15* 10.90* 6128 max

Upmove seems max restricted to 6128 max just 1 pt above current high...