( JULY 3RD TO 7TH AND 20TH TO 27TH The month of July, like January,. Watch these periods in July for tops or bottoms and the change in trend.) top was made 5363.7 and bottom made 5034.10(27July2012).

1.   From low 4760.5 (4th June) 45 days was 19th July After that NF made high 5363.7 ( 10th July). now from high 5363.7 24th August is 45 days. and From high 5630 made on 22FEB 180 days is 20th August .
That means correction Started From 5363.7 is valid for 45 days correction till 24th August But 20th August will be Strong support for Falling market because it is 180 days from 5630.
that mean to complete 180 Fall NF should break 4760.5 and go much lower till 20th August and Take uturn (which is not possible without Global market Falls)

2.  Suppose 5034.10 hold (27July2012) then rally can go upto 45 days which is 10sept equals to my date 15 Sept2012.- possible with global market  help

Note

From low 5034 exact level come 5218 and from high 5363.7 exact level comes 5218 and January high was 5218 in spot

So Bull have to cross 5218 & bear have to break 5034