Posted above is an Hour Chart which illustrates
1) Andrew's Pitchfork in white whose median line represents a strong support;
2) A wolfe-wave in green which depicts that an upmove can take us to 5755+ level;
3) EW pattern in red which illustrates 5w downmove from 5971 where
1=5971-5792=179
2=5792-5946
3=5946-5605=341(190%)
4=5605-5755=150
5=5755 down can not be extended vis-a-vis 1(as 3rd is already extended) so max can do 1.61x179=288
4)Harmonic pattern (developing) as Shark in yellow where the downmove from 5755 can do max 1.618x150(=5605-5755)=243 taking us upto 5512
5) And last,though not the least, MACD 5,34,5
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