Short Term Hurdle :1176- 1182.50 level.
Major Hurdle :1177 level.(Complete correction from 1576 to 666)
-Three Consecutive close above 1177 & weekly close above this level will take to 1347-1404 level.
Suppose above mentioned condition is fulfilled then no Major panic is ruled out across Globe.
-This is 13th Month from low of 666
-On going Month is 30th Month from 1576 …so another 4 month or 4th month major Turning ?
-Either rally will get over in this month and sharp fall will start or Nonstop rally above 1177 will continue ?
Updated at 5:50/18th March/Baroda