Nifty Page: 24-05-2013(EOD)

Support found at 5937--- technical chart readers like me would attribute it to :

or on daily line charts :

So is 'A' of corrective ABC to Impulse 5477-6229 complete as a 5w form???

May be or may be not

But I am expecting a dip below 5937 as MACD and RSI-14 have not yet posted any positive divergence to signal meaningful bounce from these levels-- to be seen as B in EW parlance.

So a copy-book pattern should see us between 5925-6115 next week