Nifty Hourly Chart EOD 7th May, 2015

There is a probable diametric structure in Play and sustaining above 8134 Nifty Spot Crucial for 8212 - 8248 and 8283(Max) before it comes down again for a correction. The structure is valid unless 8356 is crossed in 2 days. But it is near about / almost completing(completed?) a short time positional bottom.