Nifty Page : 11-02-2013(EOD)

Price action remained limited to the downward channel illustrated in previous post:

And the corresponding(to price-action) action on momentum charts suggest that the first leg of downmove may be nearing completion. Fresh low may be made below 5879 but it is unlikely to go below 5871 and if we breach 5954 then bottom for the first leg of downmove should be considered as done and a retracement of 6112-5879=233 should be seen in play
And possibility of 6025 should be visualised.

Median testing, would happen in next round of downmove-- then