TREND WATCH-DEC 31 & JAN 3

TREND WATCH------
• Last swing high is at 6046. (Higher high)
• Last swing low is at 5982. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 30th December) with targets (+/-30 points) of 6140, 6200, 6280.
--- The uptrend will terminate below 5720.
• In the short term,
--- Nifty is in uptrend (From 16th December) with targets (+/-10 points) of 5980**, 6010**, 6050**. (All targets achieved)
--- The uptrend will terminate below 5982.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6062 and 6106.
• Medium term down move is terminated now.

BREAK

I will be taking a break from blogging for some time.

Hope people following the blog from 2008 would have benefitted so far from the blog.

Wish you all happy trading and investing.

-Dr.Jignesh Shah.

TRADE & TREND WATCH-DEC 20

TRADE WATCH AS PER MY TRADING SYSTEM--

TREND WATCH------
• Last swing high is at 5954. (Lower high)
• Last swing low is at 5855. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6070.
• In the short term,
--- Nifty is in uptrend (From 16th December) with targets (+/-10 points) of 5980, 6010, 6050.
--- The uptrend will terminate below 5855.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5855 and 5956.
• Swing low of 5855 formed now as Nifty closed in green today.
• Short term corrective down move is terminated now.

TRADE & TREND WATCH-DEC 16

TRADE WATCH--

TREND WATCH------
• Last swing high is at 5954. (Lower high)
• Last swing low is at 5721. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6070.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890**, 5850**. (All targets achieved)
--- The down move will terminate above 5954.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5866 and 5943.
• Swing high of 5954 formed now as Nifty closed in red today.

TRADE & TREND WATCH-DEC 15

TREND WATCH------
• Last swing high is at 6070. (Higher high)
• Last swing low is at 5721. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6070.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890**, 5850**. (All targets achieved)
--- The down move will terminate above 6070.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5889 and 5954.

TRADE & TREND WATCH-DEC 14

TRADE WATCH--

TREND WATCH------
• Last swing high is at 6070. (Higher high)
• Last swing low is at 5721. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6070.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890**, 5850**. (All targets achieved)
--- The down move will terminate above 6070.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5796 and 5914.
• Long lower shadow formed today in Nifty which is bullish.

TRADE & TREND WATCH-DEC 13

TRADE WATCH---



TREND WATCH------
• Last swing high is at 6070. (Higher high)
• Last swing low is at 5721. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890**, 5850**. (All targets achieved)
--- The down move will terminate above 6070.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5721 and 5849.
• Swing low of 5721 formed now as Nifty closed in green today.

TRADE & TREND WATCH-DEC 10

TRADE WATCH AS PER MY TRADING STRATEGY--




TREND WATCH------
• Last swing high is at 6070. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890**, 5850**. (All targets achieved)
--- The down move will terminate above 6070.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5742 and 5927.

TRADE AND TREND WATCH-DEC 9

TRADE WATCH AS PER MY TRADING SYSTEM---



TREND WATCH------
• Last swing high is at 6070. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890**, 5850.
--- The down move will terminate above 6070.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5879 and 5960.

TRADE & TREND WATCH-DEC 8

TRADING STRATEGY AS PER MY TRADING SYSTEM--



TREND WATCH------
• Last swing high is at 6070. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in corrective down move (From 7th December) with targets (+/-10 points) of 5930**, 5890, 5850.
--- The down move will terminate above 6070.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5940 and 6001.
• Swing high of 6070 formed now as Nifty closed in red today.
• Short term up trend is terminated now.

TRADE & TREND WATCH-DEC 7

TRADING STRATEGY AS PER MY TRADING SYSTEM---



TREND WATCH------
• Last swing high is at 6030. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in up trend (From 2nd December) with targets (+/-10 points) of 6010**, 6080**, 6140.
--- The up trend will terminate below 5964.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5982 and 6070.
• Swing low of 5964 formed now.
• Short term corrective up move is converted into uptrend now.

TRADE AND TREND WATCH-DEC 6

TRADING STRATEGY AS PER MY TRADING SYSTEM---



TREND WATCH------
• Last swing high is at 6030. (Higher high)
• Last swing low is at 5690. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in corrective up move (From 2nd December) with targets (+/-10 points) of 6010**, 6080, 6140.
--- The up move will terminate below 5690.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5964.and 6025.
• Swing high of 6030 formed now as Nifty closed in red today.

TREND WATCH-DEC 3

TRADING STRATEGY AS PER MY TRADING SYSTEM---


TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5690. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in corrective up move (From 2nd December) with targets (+/-10 points) of 6010**, 6080, 6140.
--- The up move will terminate below 5690.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5980.and 6030.
• Short term down trend is terminated now.

TREND WATCH--DEC 2

TRADING STRATEGY AS PER MY TRADING SYSTEM---



TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5690. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5866 and 5971.

TREND WATCH--NOV 30

TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5690. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5755 and 5843.
• Swing low of 5690 formed now as Nifty closed in green today.

TREND WATCH-NOV 29

TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5864. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5690 and 5838.

TREND WATCH-NOV 24

TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5864. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700.
--- The down move will terminate above 6144.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5825 and 5973.
• Swing high of 6020 formed now as Nifty closed in red today.
• Long lower shadow formed today which is bullish.

TREND WATCH-NOV 18

TREND WATCH------
• Last swing high is at 6144. (Lower high)
• Last swing low is at 6039. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6144.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5970 and 6144.
• Swing high of 6144 formed now as Nifty closed in red today.

----I HAVE DECIDED TO TAKE 'BREAK' FROM BLOGGING FOR SOME TIME, SO THERE WILL NOT BE ANY UPDATE FOR NEXT FEW WEEKS.

TREND WATCH-NOV 16

TREND WATCH------
• Last swing high is at 6311. (Lower high)
• Last swing low is at 6039. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6311.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6039 and 6129.
• Swing low of 6039 formed now as Nifty closed in green today.

TREND WATCH-NOV 12 & 15

TREND WATCH------
• Last swing high is at 6311. (Lower high)
• Last swing low is at 6244. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150, 6100, 6040.
--- The down trend will terminate above 6311.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6180 and 6296.
• Short term corrective up move was terminated today as Nifty traded and closed below 6244.

TREND WATCH-NOV 11

TREND WATCH------
• Last swing high is at 6311. (Lower high)
• Last swing low is at 6244. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.
• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 6244.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6269 and 6308.
• Swing high of 6311 formed now as Nifty closed in red today.

TREND WATCH-NOV 10

TREND WATCH------
• Last swing high is at 6338. (Higher high)
• Last swing low is at 6244. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.
• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 6244.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6244 and 6311.
• Swing low of 6244 formed now as Nifty closed in green today.

TREND WATCH-NOV 9

TREND WATCH------
• Last swing high is at 6338. (Higher high)
• Last swing low is at 5937. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 5937.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6265 and 6336.
• Swing high of 6338 formed now as Nifty closed in red today.

TREND WATCH - NOV 5 & 8

'WISH YOU HAPPY DIWALI AND PROSPEROUS NEW YEAR'

TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 5937. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 5937.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6199 and 6290.
• Medium term corrective up move is now converted in to uptrend as Nifty traded above major swing high of 6284.

TREND WATCH-NOV 4

TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 5937. (Lower low)

• In the medium term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-30 points) of 6190, 6230, 6280.
---The up move will terminate below 5937.

• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210, 6240.
---The up move will terminate below 5937.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6147 and 6182.
• Medium term down move is terminated now.
• Short term down move is also terminated now.

TREND WATCH-NOV 1

TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 5937. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6151.

• In the short term,
--- Nifty is in corrective down move (From 27th October) with targets (+/-10 points) of 6000**, 5960**, 5920.
--- The down move will terminate above 6151.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5937 and 6032.
• Swing low of 5037 formed now as Nifty closed in green today.

TREND WATCH-OCT 28 & 29

TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 6041. (Higher low)


• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6151.


• In the short term,
--- Nifty is in corrective down move (From 27th October) with targets (+/-10 points) of 6000**, 5960, 5920.
--- The down move will terminate above 6151.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5987 and 6076.
• Short term uptrend is now terminated as Nifty closed below swing low of 6041.

TREND WATCH-OCT 27

TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 6041. (Higher low)


• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.


• In the short term,
--- Nifty is in up trend (From 25th October) with targets (+/-10 points) of 6160**, 6180, 6200.
---The up trend will terminate below 6041.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6074 and 6120.
• Swing high of 6151 formed now as Nifty closed in red today.

TREND WATCH-OCT 26

TREND WATCH------
• Last swing high is at 6121. (Lower high)
• Last swing low is at 6041. (Higher low)


• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.


• In the short term,
--- Nifty is in up trend (From 25th October) with targets (+/-10 points) of 6160**, 6180, 6200.
---The up trend will terminate below 6041.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6095 and 6151.
• Swing low of 6041 formed now as Nifty closed in green today.
• Short term down trend is terminated now as Nifty traded above swing high of 6121.

TREND WATCH-OCT 25

TREND WATCH------
• Last swing high is at 6121. (Lower high)
• Last swing low is at 5967. (Lower low)


• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.


• In the short term,
--- Nifty is in down trend (From 20th October) with targets (+/-10 points) of 5960**, 5920, 5880.
---The down trend will terminate above 6121.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6041 and 6121.
• Swing high of 6121 formed now as Nifty closed in red today.

TREND WATCH-OCT 20

TREND WATCH------
• Last swing high is at 6127. (Lower high)
• Last swing low is at 5985. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.

• In the short term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-10 points) of 6020**, 5980**, 5960.
---The down move will terminate above 6127.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6008 and 6127.
• Swing high of 6127 formed now as Nifty closed in red today.
• Please note that currently short term trend is ‘down move’ and medium term trend is ‘down move’.

TREND WATCH-OCT 14

TREND WATCH------
• Last swing high is at 6188. (Lower high)
• Last swing low is at 6058. (Lower low)
• In the medium term,
--- Nifty is again in up trend (From 13th October) with targets (+/-30 points) of 6320, 6400, 6480.
---The uptrend will terminate below 6058.
• In the short term,
--- Nifty is in up trend (From 13th October) with targets (+/-10 points) of 6260, 6290, 6330.
---The up trend will terminate below 6058.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6090 and 6240.
• Swing low of 6058 formed now which is lower than previous swing low of 6067.
• Short term down trend is terminated as nifty closed above swing high of 6188.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

TREND WATCH-OCT 13

TREND WATCH------
• Last swing high is at 6188. (Lower high)
• Last swing low is at 6067. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.

• In the short term,
--- Nifty is in down trend (From 12th October) with targets (+/-10 points) of 6070**, 6020, 5970.
---The down trend will terminate above 6188.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6058 and 6145.
• Swing high of 6188 formed now which is lower than previous swing high of 6223.
• Short term corrective down move is now converted in to short term down trend as Nifty traded below swing low of 6067.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

TREND WATCH-OCT 12

TREND WATCH------
• Last swing high is at 6223. (Higher high)
• Last swing low is at 6067. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.

• In the short term,
--- Nifty is in corrective down move (From 7th October) with targets (+/-10 points) of 6070**, 6020, 5970.
---The down move will terminate above 6223.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6106 and 6188.
• Swing low of 6067 formed now which is lower than previous swing low of 6118.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.

TREND WATCH-OCT 8

TREND WATCH------
• Last swing high is at 6223. (Higher high)
• Last swing low is at 6118. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.

• In the short term,
--- Nifty is in corrective down move (From 7th October) with targets (+/-10 points) of 6070, 6020, 5970.
---The down move will terminate above 6223.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6107 and 6199.
• Swing high of 6223 formed now which is higher than previous swing high of 6222.
• Short term uptrend is now terminated as Nifty traded below swing low of 6118.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.

TREND WATCH-OCT 7

TREND WATCH------
• Last swing high is at 6222. (Higher high)
• Last swing low is at 6118. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.

• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 6118.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6148 and 6223.
• Swing low of 6118 formed now which is higher than previous swing low of 5964.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

TREND WATCH-OCT 6

TREND WATCH------
• Last swing high is at 6222. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5816.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 5964.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6118 and 6188.
• Swing high of 6222 formed now which is higher than previous swing high of 6073.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

TREND WATCH -OCT 5

TREND WATCH------
• Last swing high is at 6073. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5816.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 5964.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6145 and 6222.
• Long upper shadow formed today which is bearish.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 29

TREND WATCH------
• Last swing high is at 6073. (Higher high)
• Last swing low is at 5932. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5472.
• In the short term,
--- Nifty is again in up trend (From 20th September) with targets (+/-30 points) of 5930**, 5970**, 6030**.
---The uptrend will terminate below 5932.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5991 and 6050.
• Swing high of 6073 formed now which is higher than previous swing high of 6037.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 23

TREND WATCH------
• Last swing high is at 6037. (Higher high)
• Last swing low is at 5816. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5472.

• In the short term,
--- Nifty is again in up trend (From 20th September) with targets (+/-30 points) of 5930**, 5970**, 6030**.
---The uptrend will terminate below 5816.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5946 and 6037.
• Swing high of 6037 formed now which is higher than previous swing high of 5902.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

TREND WATCH-SEPT 21

TREND WATCH------
• Last swing high is at 5902. (Higher high)
• Last swing low is at 5816. (Higher low)


• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5472.


• In the short term,
--- Nifty is again in up trend (From 20th September) with targets (+/-30 points) of 5930**, 5970**, 6030.
---The uptrend will terminate below 5816.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5885 and 5989.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 20

TREND WATCH------
• Last swing high is at 5902. (Higher high)
• Last swing low is at 5816. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5472.

• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610**, 5640**. (All targets achieved)
---The uptrend will terminate below 5816.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5829 and 5898.
• Swing low of 5816 formed now which is higher than previous swing low.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 17

TREND WATCH------
• Last swing high is at 5902. (Higher high)
• Last swing low is at 5472. (Higher low)


• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5349.

• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610**, 5640**. (All targets achieved)
---The uptrend will terminate below 5472.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5816 and 5902.
• Swing high of 5902 formed now which is higher than previous swing high.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 17

TREND WATCH------
• Last swing high is at 5902. (Higher high)
• Last swing low is at 5472. (Higher low)


• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5349.

• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610**, 5640**. (All targets achieved)
---The uptrend will terminate below 5472.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5816 and 5902.
• Swing high of 5902 formed now which is higher than previous swing high.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

TREND WATCH-SEPT 14

TREND WATCH------
• Last swing high is at 5514. (Higher high)
• Last swing low is at 5472. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5349.

• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610**, 5640**. (All targets achieved)
---The uptrend will terminate below 5472.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5639 and 5770.
• All our targets for short term and medium uptrend achieved now.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 13

TREND WATCH------
• Last swing high is at 5514. (Higher high)
• Last swing low is at 5472. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750.
---The uptrend will terminate below 5349.

• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610**, 5640**. (All targets achieved)
---The uptrend will terminate below 5472.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5608 and 5647.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 8

TREND WATCH------
• Last swing high is at 5514. (Higher high)
• Last swing low is at 5472. (Higher low)


• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670, 5750.
---The uptrend will terminate below 5349.


• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610**, 5640.
---The uptrend will terminate below 5472.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5572 and 5625.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.

Trend Watch-Sept 7

TREND WATCH------
• Last swing high is at 5514. (Higher high)
• Last swing low is at 5472. (Higher low)


• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670, 5750.
---The uptrend will terminate below 5349.


• In the short term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5580**, 5610, 5640.
---The uptrend will terminate below 5472.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5479 and 5589.
• Swing low of 5472 formed now which is higher than previous swing low.
• Please note that currently short term trend is ‘up trend’ and medium term trend is ‘uptrend’.

Trend Watch-Sept 6

TREND WATCH------
• Last swing high is at 5514. (Higher high)
• Last swing low is at 5349. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 31st August) with targets (+/-30 points) of 5280, 5210, 5150.
---The down move will terminate above 5550.
• In the short term,
--- Nifty is in corrective up move (from 1st September) with targets (+/-10 points) of 5470**, 5510**, 5550.
---The up move will terminate below 5349.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5474 and 5510.
• Swing high of 5514 formed now which is higher than previous swing high of 5469.
• Please note that currently short term trend is ‘corrective up move’ and medium term trend is ‘corrective down move’.

Trend Watch-Sept 3

TREND WATCH------
• Last swing high is at 5469. (Lower high)
• Last swing low is at 5349. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 31st August) with targets (+/-30 points) of 5280, 5210, 5150.
---The down move will terminate above 5550.

• In the short term,
--- Nifty is in corrective up move (from 1st September) with targets (+/-10 points) of 5470**, 5510**, 5550.
---The up move will terminate below 5349.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5472 and 5514.
• Long upper shadow formed today which is bearish.
• Please note that currently short term trend is ‘corrective up move’ and medium term trend is ‘corrective down move’.

Trend Watch-Sept 2

TREND WATCH------
• Last swing high is at 5469. (Lower high)
• Last swing low is at 5349. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 31st August) with targets (+/-30 points) of 5280, 5210, 5150.
---The down move will terminate above 5550.

• In the short term,
--- Nifty is in corrective up move (from 1st September) with targets (+/-10 points) of 5470**, 5510, 5550.
---The up move will terminate below 5349.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5403 and 5479.
• Swing low of 5349 formed now which is lower than previous swing low of 5390.
• Short term downtrend is terminated today as Nifty traded and closed above 5469—swing high.
• Please note that currently short term trend is ‘corrective upmove’ and medium term trend is ‘corrective down move’.

Trend Watch-Sept 1

TREND WATCH------
• Last swing high is at 5469. (Lower high)
• Last swing low is at 5390. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 31st August) with targets (+/-30 points) of 5280, 5210, 5150.
---The down move will terminate above 5550.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380**, 5350**. (All targets achieved)
---The down trend will terminate above 5469.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5349 and 5414.
• Swing high of 5469 formed now which is lower than previous swing high of 5495.
• All targets for short term down trend achieved today.
• Medium term uptrend is terminated today as Nifty traded below 5372.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘corrective down move’.

Trend Watch-August 31

TREND WATCH------
• Last swing high is at 5495. (Lower high)
• Last swing low is at 5390. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380, 5350.
---The down trend will terminate above 5495.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5390 and 5469.
• Swing low of 5390 formed now which is lower than previous swing low of 5452.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

Trend Watch-August 30

TREND WATCH------
• Last swing high is at 5495. (Lower high)
• Last swing low is at 5452. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380, 5350.
---The down trend will terminate above 5495.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5392 and 5495.
• Swing high of 5495 formed now which is lower than previous swing high of 5550.
• All targets for corrective down move are achieved now.
• Nifty closed below swing low of 5452, so corrective down move is converted in to down trend.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

Trend Watch-August 27

TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5452. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480**, 5460**, 5440.
---The down move will terminate above 5550.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5454and 5478.
• Swing low of 5452 formed now which is lower than previous swing low of 5513.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.

Trend Watch-August 26

TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480**, 5460**, 5440.
---The down move will terminate above 5550.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5452 and 5506.
• Please note that currently short term trend is corrective down move and medium term trend is still up.

Trend Watch-August 25

TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480, 5460, 5440.
---The down move will terminate above 5550.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5488 and 5547.
• Swing high of 5550 formed now which is higher than previous swing high of 5547.
• Short uptrend is now terminated as Nifty trade and closed below swing low of 5513.
• Please note that currently short term trend is corrective down move and medium term trend is still up.

Trend Watch-August 24

TREND WATCH------
• Last swing high is at 5547. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560**. (All targets achieved)
---The up trend will terminate below 5513.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5519 and 5550.
• Swing low of 5513 formed now which is higher than previous swing low of 5408.
• Please note that currently short term trend is up and medium trend is also up.

TREND WATCH--AUGUST 23

TREND WATCH------
• Last swing high is at 5547. (Higher high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5513 and 5547.
• Swing high of 5547 formed now which is higher than previous swing high of 5477.
• Please note that currently short term trend is up and medium trend is also up.

TREND WATCH-AUGUST 20

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5478 and 5545.
• Nifty gave its best closing of last 30 months.
• All targets for medium term uptrend (given on 12th July) achieved now….

TREND WATCH-AUGUST 19

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500, 5530, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5416 and 5488.
• Swing low of 5408 formed now which is higher than previous swing low of 5372.
• Short term corrective down move is now terminated.
• Please note that short term trend is now up and medium term trend is already up.

TREND WATCH-AUGUST 17 & 18

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5372. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.

• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5477.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5397 and 5465.
• Swing high of 5477 formed now which is lower than previous swing high of 5492.

TREND WATCH-AUGUST 16

TREND WATCH------
• Last swing high is at 5492. (Higher high)
• Last swing low is at 5372. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5492.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5415 and 5476.
• Swing low of 5372 formed now which is lower than previous swing low of 5431.

HAPPY INDEPENDENCE DAY

HAPPY INDEPENDENCE DAY TO ALL BLOG VIEWERS

TREND WATCH--AUGUST 13

TREND WATCH------
• Last swing high is at 5492. (Higher high)
• Last swing low is at 5431. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5492.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5372 and 5431.

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG REGULARLY FOR NEXT FEW WEEKS.

TREND WATCH--AUGUST 10

TREND WATCH------
• Last swing high is at 5487. (Higher high)
• Last swing low is at 5431. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in uptrend (from 9th August) with targets (+/-10 points) of 5500, 5520, 5560.
---The up move will terminate below 5431.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5433 and 5492.
• Higher swing low of 5431 formed now.
• Nifty is now in short term uptrend.

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG FOR NEXT FEW WEEKS.

TREND WATCH--AUGUST 6 & 9

TREND WATCH------

· Last swing high is at 5487. (Higher high)

· Last swing low is at 5349. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5349.

· In the short term,

--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460**, 5480**.

---The up move will terminate below 5349.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded between 5428 and 5482.

· Swing high of 5487 formed now which is higher than previous swing high of 5416.

TREND WATCH--AUGUST 5

TREND WATCH------

· Last swing high is at 5416. (Lower high)

· Last swing low is at 5349. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5349.

· In the short term,

--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460**, 5480**. (all targets achieved now)

---The up move will terminate below 5349.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded between 5428 and 5482.
. All targets for short term corrective upmove achieved now.

TREND WATCH-AUGUST 3 & 4

TREND WATCH------
• Last swing high is at 5416. (Lower high)
• Last swing low is at 5349. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460, 5480.
---The up move will terminate below 5349.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5351 and 5439.
• Swing low of 5349 formed now which is lower then previous swing low of 5381.
• Nifty traded and closed above swing high of 5416, so short term down trend is now terminated.

TREND WATCH --AUG 2

TREND WATCH------
• Last swing high is at 5416. (Lower high)
• Last swing low is at 5381. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in down trend (from 28th July) with targets of 5370**, 5330**, 5300.
---The down trend will terminate above 5416.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5349 and 5413.
• Swing high of 5416 formed now which is lower then previous swing high of 5451.

TREND WATCH -- JULY 30

TREND WATCH------
• Last swing high is at 5451. (Lower high)
• Last swing low is at 5381. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.

• In the short term,
--- Nifty is in down trend (from 28th July) with targets of 5370**, 5330, 5300.
---The down trend will terminate above 5451.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded between 5381 and 5416.
• Swing low of 5381 formed now which is lower then previous swing low of 5407.

TREND WATCH-JULY 29

TREND WATCH------

· Last swing high is at 5451. (Lower high)

· Last swing low is at 5407. (Higher low)


· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5353.


· In the short term,

--- Nifty is in down trend (from 28th July) with targets of 5370, 5330, 5300.

---The down trend will terminate above 5451.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded between 5386 and 5448.

· Swing high of 5451 formed now which is lower than previous swing high of 5477.

· Nifty traded and closed below swing low of 5407, so short term uptrend is now terminated and down trend begun.

TREND WATCH-JULY 28

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.


• In the short term,
--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.
---The up trend will terminate below 5407.


(Targets are +/- 20 points, ** means target achieved)

TREND WATCH--JULY 27

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5353.



· In the short term,

--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.

---The up trend will terminate below 5353.


(Targets are +/- 20 points, ** means target achieved)

TREND WATCH-JULY 26

TREND WATCH------
• Last swing high is at 5416. (lower high)
• Last swing low is at 5353. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.
• In the short term,
--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.
---The up trend will terminate below 5353.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5435 and 5477.
• Nifty traded above previous swing high of 5453, so in short term Nifty is now in up trend.

TREND WATCH-JULY 23

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5353. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty was in down trend (from 20th July) which is now terminated.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in big range of 75 points between 5372 and 5447. (Range expansion).

· Nifty traded and closed above swing high of 5416, so short term down trend is now terminated.

TREND WATCH--JULY 22

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5353. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty is in down trend (from 20th July) with targets of 5330, 5300, 5260.

---The down trend will terminate above 5416.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in small range of 40 points between 5369 and 5409. (Range compression).

· Swing low of 5353 formed now which is lower than previous swing low of 5360.

· ‘Inside day’ formed today as today’s high-low were between high-low of yesterday.

TREND WATCH-JULY 21

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5360. (Higher low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty is in down trend (from 20th July) with targets of 5330, 5300, 5260.

---The down trend will terminate above 5416.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in big range of 63 points between 5353 and 5416. (Range expansion).

· Swing high of 5416 formed again which is lower than previous swing high of 5453.

· Nifty traded below 5360, so short term uptrend is now terminated and nifty is in down trend.

TREND WATCH -- JULY 19

TREND WATCH------
· Last swing high is at 5453. (Higher high)
· Last swing low is at 5360. (Higher low)

· In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5233.

· In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)
---The up trend will terminate below 5360. (Below 5360, Nifty will be in short term downtrend with targets of 5330, 5300, 5260.)
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in very small range of 27 points between 5374 and 5401. (Range compression).
· Swing low of 5360 formed now which is higher than previous swing low of 5233.

TREND WATCH --- JULY 15 & 16

TREND WATCH------

· Last swing high is at 5453. (Higher high)

· Last swing low is at 5233. (Higher low)


· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5210.


· In the short term,

--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)

---The up trend will terminate below 5233.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in big range of 81 points between 5372 and 5453. (Range expansion).

· Swing high of 5453 formed now which is higher then previous swing high of 5297.

· Long upper shadow formed today which is bearish.

TREND WATCH-JULY 13 & 14

TREND WATCH------
• Last swing high is at 5297. (Lower high)
• Last swing low is at 5233. (Higher low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460, 5550.
---The up trend will terminate below 5210.

• In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in small range of 53 points between 5352 and 5402. (Range compression).
• All targets for short term up trend achieved now.
• Nifty traded and closed above 5367, so Nifty is now in medium term uptrend also.

TREND WATCH-JULY 12

TREND WATCH------
• Last swing high is at 5297. (Lower high)
• Last swing low is at 5233. (Higher low)

• In the medium term,
--- Nifty was in corrective down move (From 29th June) which is now terminated.
--- Above 5367, Nifty will be in medium term uptrend with targets of 5400, 5460, 5550.

• In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400.
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded in small range of 62 points between 5297 and 5359. (Range compression).
• Nifty traded above 5339, so medium term down move is now terminated.

TREND WATCH-JULY 9

TREND WATCH------
· Last swing high is at 5297. (Lower high)
· Last swing low is at 5233. (Higher low)

· In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.
--- The down move will ‘terminate’ above 5339.

· In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370, 5400.
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 78 points between 5242 and 5320. (Range expansion).
· Swing low of 5233 formed now which is higher than previous swing low of 5225.
· Nifty traded above swing high of 5297, so short term down trend is now terminated and in short term Nifty is now in up trend.

TREND WATCH-JULY 8

TREND WATCH------

· Last swing high is at 5297. (Lower high)

· Last swing low is at 5225. (Higher low)

· In the medium term,

--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.

--- The down move will ‘terminate’ above 5339.

· In the short term,

--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.

---The down trend will terminate above 5297.

(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----

· Nifty traded in average range of 64 points between 5233 and 5297. (Range expansion).

· Swing high of 5397 formed now which is lower than previous swing high of 5320.

TREND WATCH-JULY 7

TREND WATCH------
• Last swing high is at 5320. (Lower high)
• Last swing low is at 5225. (Higher low)

• In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.
--- The down move will ‘terminate’ above 5367.

• In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.
---The down trend will terminate above 5320.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded in average range of 66 points between 5231 and 5297. (Range expansion).
• Swing low of 5225 formed now which is higher than previous swing low of 5210.

TREND WATCH-JULY 2 & 5 & 6

TREND WATCH------
· Last swing high is at 5320. (Lower high)
· Last swing low is at 5210. (Lower low)
· In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.
--- The down move will ‘terminate’ above 5367.
· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.
---The down trend will terminate above 5320.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 80 points between 5232 and 5312. (Range expansion).
· Swing high of 5320 formed now which is lower than previous swing high of 5339.

TREND WATCH-JULY 1

TREND WATCH------

· Last swing high is at 5339. (Lower high)

· Last swing low is at 5210. (Lower low)

· In the medium term,

--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.

--- The down move will ‘terminate’ above 5367.

· In the short term,

--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.

---The down trend will terminate above 5339.

(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----

· Nifty traded in big range of 110 points between 5210 and 5320. (Range expansion).

· Swing low of 5210 formed now which is lower than previous swing low of 5260.

· All targets for short term down trend achieved now.