So we came out pretty strong from 80 D low and right now.. 10 d and 20 d is topping out so we might have  alittle breather here.. but was the low of 5661 the low for 18 month and hene 54 month is difficult to forecast.. although the break of 20 D fld gives me a target of 6200+ but this  might be a short squeeze market and eventually after eveyone becomes bullish the market might come down.. the levels to watch would be 6000( the 74.4%) retracement for the last downmove if we take that out then 6200 is given otherwise we go down from here in steps and make a low of 54 month in May sometime.. so better be buying stocks(nifty) in small quantities and good quality midcap till may and then enjoy the power of cycles by next year may.

Happy trading and investing!!!
Cheers
Sachin