WE HAVE REACHED TO 80% RETRACEMENT OF FALL FROM 18048 TO 15960.DECISIVE CROSS OVER OF SAME WILL HELP
TO MOVE TOWARDS 18K+ LEVELS.A CHART IS ATTCHED WHICH IS TAKEN FROM VFMDIRECT.COM TO UNDERSTAND
FURTHER MOVES.
LOOK AT LINK FROM ILANGOJI'S BLOG TO UNDERSTAND WAVE COUNTS
CONSOLIDATION MAY BE SEEN.
updation 1 as on 18.6.10
STOP LOSS FOR LONG POSITIONS AT 17150 / 5150
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