Nifty Page: 05-02-2013(EOD)

So we had a gap-down which got support at 50DMA

Will we get an ABANDONED BABY aka Morning Star tomorrow ?:
We may if we open and trade above 5982 tomorrow

And whether we get a Morning Star or not, a bounce looks imminent tomorrow :
5 min charts:

Hour Chart

and target for the bounce is best observed by AP tool's median and channels:

AND what about EW labels of the current downmove ???:
 We could say that it was a Double Zig-zag:

But I would not go by that because the Connector X between these two zig-zags should have gone above 6072 to announce the end of first zig-zag.
And to make the matters worse, I am not able to locate any convincing labels in the downmove so far. Only am able to draw a channel that is containing the downmove and trading on the basis of divergence:

May be by EOD tomorrow I would be able to find out a pattern that convinces me ---