Nifty view for 27-06-2013

As Nifty failed to break divergence on hourly charts, it is safe to switch to corrective labels...

So updated Nifty chart looks like this...

So at 5566.25 Big 'A'/W might ended...

W/A 6229.45 5566.25 662.55
X/B 5566.90 5666.20 -99.30 -0.150*W/A

Now X could have started from 5566.25 which will retrace W.

X.A.b might be in progress...

Subfractals of X.A as follows:
X.A.A 5566.90 5666.20 99.30
X.A.B 5666.20 5579.60* -86.60 -0.872*X.A.A
X.A.C 5579.60 5740.25

X.A.C likely to see upto 5740.25..

X.A.A.a 5566.90 5616.55 49.65
X.A.A.b 5616.55 5570.35 -46.20 -0.931
X.A.A.c 5570.35 5666.20 95.85 1.931

X.A.B.w 5666.20 5598.30 67.90
X.A.B.x 5598.30 5635.05 -36.75 -0.541
X.A.B.y 5635.05 5579.60* 55.45 0.817 so far

X.A.B.y.a 5635.05 5600.60 34.45
X.A.B.y.b 5600.60 5630.30 -29.70 -0.862
X.A.B.y.c 5630.30 5579.60 50.70 1.472

Downside limited to X.A.B.y.c upto 5574.6.....