Nifty Page: 04-06-2013(EOD)

Thus continuing with our simplest counts:
A=6229-5937=292
B=5937-6132
C=A means 6132-292=5840
Othe probabilities for C are
C=0.786*A=5902
C=1.27*A=5761
The black trendline support in chart above is running around 5405

The price-action has given rise to formation of a Wolfe-wave which (given the developing positive divergence in Hour Chart) may give a sharp bounce:

OR the positive Divergence in Hour Chart may cool off by the small bounce indicated by this smaller degree Wolfe that has already got activated at EOD today:

And the two Wolfe-patterns appear together as follows:

Probablity of a bounce-upto 6000 would increase once we start trading above 5945--