if u r in short pls read this & trade safe

 since 4786 low made 25th may--- 1st move up was 363 points  from 4786 to 5148----- ,
2nd move down from 5148 to 4967 was 181 i.e 50% of 1st move
,-----3rd move up was of 399 points from4967-5366, 
--4th down move from 5388 to 5210 (so far)is 156 points or38.2% of 3rd  move-- now the possiblity is that if 5210 is the bottom----5th up move could b 5435 or 5525 if 5210 is broken, then next major sup levels 5170 or in extreme case 5110 & if we held then next upside move is up to 5480 
as mentioned earlier the  july is seen between 5100-5500.........................