25 April Thursday Update (Later)
Fib retracement from 38302 to
31869 are : 78.2% @ 36900, 61.8% @ 35845, 50% @ 35086, 38.2% @ 34326, 23.6 % @
33387. Out of these, 23.6 and 38.2 are broken already with a little fight at
38.2 level. Now the price is trading at 50% @ 35086 level. If this level is
broken and move further ahead should test 61.8% and 78.2% likewise.
Another indicator also indicates
35100 level to be a very important level. If it breaks a test of 36600 level
might be seen. If it doesn't and price retraces back downwards, a very wide
channel is in form 35100 and around 33700, as long as price trades in between,
it should be considered non-trending.
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