Likely Targets

Move from 4770 to 5815 = 1045 Points
38.6% of 1045 = 403 +5548 = 5951  (1st Target) (Coincides with Apr'12 High "POINT A")
50.0% of 1045 = 522 + 5548= 6070 (2nd Target) (Coincides with "POINT B")
61.8% of 1045 = 645+ 5548= 6193  (3rd Target) (Coincides with "POINT C")
Point A coincides with 78.6% of fall from 6348 to 4532. So point A is likely to be a major resistance.