MNM :- ON MONTHLY TIME FRAME COUNTER HAVE COMPLETED IMPULSE PHASE OF 1-5 WAVES WHERE THE RESISTANCE OF TREND LINE ALSO CO-INSIDE WITH THE PEAK AND CORRECTIVE PHASE ALSO LOOKS DONE AS PRICE FROM LAST MONTH ARE TRYING TO PROTECT THE LOWS MADE,, SO IF THE CORRECTIVE PHASE OF A-C WAVE IS COMPLETED AT CURRENT LEVELS, DAILY CLOSE ABOVE 580 LEVELS WOULD BE FIRST SIGN OF NEW PATTERN FORMATION AND IF GIVES WEEKLY CLOSE ABOVE 580 LEVELS WILL BE 100% CONFIRMATION OF REVERSAL,, ON SMALLER TIME FRAME WE MAY SE FORMATION OF NEW WAVES TILL LEVELS OF 637--678--714,, IF THIS GETS ACTIVE MAINTAIN STOPLOSS OF 540 LEVELS ON CLOSING BASIS WHICH WOULD LEAD TO STOPLOSS OF 40 POINTS AND REWARD WILL BE GREAT IF PERFORMS ACCORDINGLY,,,