Nifty Page: 15-04-2013(EOD)

Today's Nifty moves were easy to gauze:
First, at smallest degree as 5521 was breached:

And as 5544 was getting breached:

And although around 5571 when the gap got filled and negative divergence appeared on 5 min charts it looked liked a 5w upmove getting over:

But it continued upwards,negated the divergence and completed the Harmonic pattern called Shark.

Now Shark pattern is usually followed by Bat so:

And as mentioned in my earlier posts--  I am labelling the current upmove as Yb and expect it to cross 5755 on the upside:

These being early days for Yb so hiccups continue but 5477 is likely to hold and ending of Yb would be quite sharp.