Nifty Spot Intraday Update

Probably a triangle is happening as from the day's high and we are seeing the last down leg.  After that the up-move may move between 30 to 50 points from the last low (e-leg low) or 6371 (Max Target) and we may revisit towards 6250 thereafter.  Correction on Sunday towards end of session or Monday. The assumption is obviously invalidated if Nifty Spot trades above 5371 +/- 5 points.