NIFTY 50 future TRENDS

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TP This up move from the bottom of 5232 will face Res at 5370-5408-5454...... accoreding to me any extension beyond 5454 the resent high 5500 is possible......a word or caution this rally extends beyond 5500 to 5600 or so will once again open up down target below resent low 5170
Top out at or below 5500 will prevent breaking 5170 then one more final down to 5250-5300 is possible and that is it for this entire correction started of from 5630. This is what i foresee according to my study.
 
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