Nifty made exact low given as target !!!!!!!!!! What next ?????

Dear All,
                       In our last post given you down side Targets of Nifty spot kindly read http://www.abhaymehrotra.blogspot.in/2013/04/nifty-close-to-targets-400-points-per.html

Now what next ......

we are presenting two Probabilities

First case ....Kindly chk charts

Second Case .... Kindly chk charts ...

Down trend will continue if We not cross above 5580 Nifty spot on closing basis  then we can see levels 5504--5470 nifty spot  .......

so hold short till 5580 nifty spot on closing basis ........if 5580 nifty  spot  taken out on closing basis then buy with stoploss of 5533 Nifty  spot  for targets of 5670---5750 Nifty spot .


Thanks & Regards
Abhay Mehrotra