After a big pull back rally near 5200 levels indicates bullish in near term . so for the conformation i am expecting it should fall near 5700 levels of previous high as i indicated in chart then rise without touching previous low . i think nifty should consolidate for the few months in the range of 5700--5200 levels or creating inverse H&S pattern. But according to daily chart i am still in bearish mode . For the bullish i have to look when nifty will cross falling red dot dot trend line as indicated in chart or indicated --buy for the short term.
