Nifty view for 20-06-2013

Updated counts as follows:

Destination for this downmove expected to be 5435 but how it is derived see below counts and chart....

A/ I 6229.45 5936.80 292.65
B/ II 5936.80 6133.75 -196.95
C/ III 6133.75 5645.00 488.75 1.67 so far

C.(i) 6133.75 5869.50 264.25
C.(ii) 5869.50 5972.70 -103.20 -0.39*C(i)
C.(iii) 5972.70 5683.10 289.60 1.10*C(i)

C.(iv) 5683.10 5863.35 -180.25 -0.62*C.(iii)

C.(iv). W 5683.15 5825.30 142.15
C.(iv).X 5825.30 5770.35 -54.95 -0.39 C.(iv).W
C.(iv).Y 5770.35 5863.35 93.05 0.65 C.(iv).W

C.(v) 5863.35 5435.79 427.56 1.62 C(i) expected as C.(iii) not extended...

C.(v) -i- 5863.35 5778.40 84.95 
C.(v) -ii- 5778.40 5810.25 -31.85 
C.(v) -iii- 5810.25 5646.55* 163.70* 1.93* -i-