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Nifty managed to move above 5342 (my earlier sl) and closed at 5346. Its on the Way to fill the Gap left on 04th April, 2012 between 5338 - 5358.

Alternative Count in shaded as A-B-C-D-E - which may get completed at 5378.

As per Eod Chart - Nifty is above 61.8% retrace of 5301 - Once able to cross 5378 may test 5445 which is 78.6% retrace. Please refer our Weekly Chart Posted on 07th July,2012 as I'm attaching again for your reference.

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Cheers!!!