Daily
For the last rise from 493.56 to 518.22
61.8% of the move is 503 levels. So it is crucial that
Buy on daily is only above 518.5 levels.
For the day in 15 minutes chart consider the last fall 514.94 to 509.36.
Buy is only bove 514 levels being 200 average on 15 minutes.
I am biased to short around 512-513 levels for 505-506 as targets for the week.
As of now biased to short for the day.