Friday  After making high 5725,  it was unexpected NF went lower upto 5493.35 and close @ 5505.

On 6th August 2013 it was written 2 condition . 

1) IF Nifty fail to take uturn then slide will continue upto 20th August 2013.

&

2) If low made till 6th August hold then minimum upmove upto 20th August & maximum 5th Sept 2013.

https://ravichauhanreport.wordpress.com/2013/08/05/nifty-future-6th-august-2013/

Before it was looking 2nd condition will completed

But after surprise fall in single day NF had completed First condition .

Support @ 5474.

Break will take to 5428

Close Below 5474 will take NF upto 5327-5297

Hurdle @ 5623.

Note: 

Above Chart indicate Below 5474 NF will be in deep Trouble

20th August 2013 is 90 days from high 6239- Trend Change.

IF not break low made till 20th August 2013 then NF will rise upto 19th Sept 2013.