Nifty view for 18-06-2013

Updated counts as follows...

I 6229.45 5936.8 292.65
II 5936.8 6133.75 -196.95
III 6133.75 5683.10 450.65 1.54*I so far
   
(i) 6133.75 5869.5 264.25
(ii) 5869.5 5972.7 -103.20 -0.39*(i)
(iii) 5972.7 5683.10 289.60 1.10*(i) so far
   
i 5972.7 5683.10 289.60
ii 5683.10 5854.90* in progress

Fractals of ii as follows:
A: 5683.15 5825.3 142.15

Fractals of A:
A.i: 5683.15 5722.1 38.95
A.ii:5722.1 5691.05 -31.05 -0.80
A.iii:5691.05 5780.15 89.1 2.29
A.iv:5780.15 5763.25 -16.9 -0.19
A.v: 5763.25 5825.3 62.05 1.59
Only A.iii extended.. A.v just short of 1.618 so valid..

B: 5825.3 5770.35 -54.95 -0.38*A

C: 5770.35 5854.90*
Fractals of C:
C.i:5770.35 5829.6 59.25
C.ii:5829.6 5809.15 -20.45 -0.35
C.iii:5809.15 5845.1 35.95 0.61
C.iv:5845.1 5828.65 -16.45 0.80
C.v: 5828.65 5854.90*

T1: 5858 (0.618*A) min to be done....
T3: 5912 (A=C)
T2: 6000 (1.618*A)

Prevailing negative divergence and Rising wedge... C about to end soon

If Ending diagonal overlap already done at 5828.65....
5864.6 is max limit for bulls if ED......

Beyond 5864.6 ED invalid and impulse extension on C.iii...