Well, we did dip below 4580.... but if we count the 5th of 5th a lil differently, that is still ok, ...now we need that the nifty climbs up above 4820 without dipping below 4560.... in case that happens... the bullish scenario remains open for now... else bearish.
Intraday charts toady show that the upmove is taking place in 5 wave moves adding to chances of a bullish upmove.
