>Nifty premarket 16th may

Hi friends,
                    Nifty  move yesterday confirmed that an abc finished at low of 5980, My expectation was we would test 5950 atleast before reversing but this reversed too soon plus with great strength and we have already conquered the previous high.Will wait for a day or 2 to ascertain the local count
bigger picture remain abcde what i showed in this post  NIFTY .

Happy trading...