This was corrective count on hourly. Where BC=1.618*AB=4118.
So Still 4115/18 is holding the key for the medium term bullishness.
Now for the session to come,
4376 zone will be the main barrier for the bulls to cross above. On the downside 4306 and 4270 will be important place to watch. Breaking of 4305 can show up 4270 easily and in that case 4305/10 will play pivotal role for the day. Above which 4338/4352 is again possible. Below 4270 it will be really weak and can target 4225-4209 and further lower levels discussed earlier.
Supports: 4305-4270. Taking support at 4270, 4305/10 can play pivotal. above that 4338/52 possible. Below 4270, 4225-4209 can come.
Resistances: 4376 remains the same. above that 4396/4402-4425 is possible. Above 4425, it can extend gain up to 4490/95 odd levels.
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