gapped down last Friday ( April
17, 2015) to retrace near 61.8% of the 204.12/211.04 rise. Technical indicators remains neutral, reinforcing the range bound price action. The 205.21/204.12 range support zone
should hold dips. Renewed strength back above the 209.23 gap resistance ( April
17. 2015 high) would offer scope for a retest of the 211.04/211.27 range ceiling area.
Short term: Neutral
Long term: bullish