Nifty daily chart
Nifty 1hr. chart
I think Nifty has been finished for the 4th wave near 5950 levels. So at this time i think nifty has been prepaired to break down of previous low which is 5170 levels to 4550-4650 levels at near fut. But before we may see some kind pull back rally in nifty 1hr. chart from 5300 levels to 5700 levels which will be wave 1 & wave 2 .
Dot -dot -dot green line is the prediction of further direction.
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