Thursday, December 30, 2010

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.

Thursday, December 23, 2010

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.

Sunday, December 19, 2010

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.

Thursday, December 16, 2010

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.

Tuesday, December 14, 2010

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.

Monday, December 13, 2010

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.

Friday, December 10, 2010

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.

Thursday, December 9, 2010

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.

Wednesday, December 8, 2010

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.

Tuesday, December 7, 2010

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.

Monday, December 6, 2010

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.

Friday, December 3, 2010

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.

Thursday, December 2, 2010

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.

Monday, November 29, 2010

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.

Sunday, November 28, 2010

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.

Wednesday, November 24, 2010

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.

Wednesday, November 17, 2010

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.

Tuesday, November 16, 2010

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.

Thursday, November 11, 2010

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.

Wednesday, November 10, 2010

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.

Tuesday, November 9, 2010

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.

Monday, November 8, 2010

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.

Thursday, November 4, 2010

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.

Wednesday, November 3, 2010

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.

Sunday, October 31, 2010

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.

Wednesday, October 27, 2010

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.

Tuesday, October 26, 2010

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.

Sunday, October 24, 2010

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.

Wednesday, October 20, 2010

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’.

Wednesday, October 13, 2010

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’.

Tuesday, October 12, 2010

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’.

Thursday, October 7, 2010

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’.

Wednesday, October 6, 2010

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’.

Tuesday, October 5, 2010

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’.

Monday, October 4, 2010

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’.

Wednesday, September 29, 2010

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’.

Wednesday, September 22, 2010

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’.

Monday, September 20, 2010

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’.

Sunday, September 19, 2010

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’.

Friday, September 17, 2010

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’.

Monday, September 13, 2010

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’.

Sunday, September 12, 2010

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’.

Tuesday, September 7, 2010

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’.

Monday, September 6, 2010

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’.

Sunday, September 5, 2010

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’.

Thursday, September 2, 2010

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’.

Tuesday, August 31, 2010

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’.

Monday, August 30, 2010

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’.

Sunday, August 29, 2010

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’.

Thursday, August 26, 2010

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’.

Wednesday, August 25, 2010

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.

Tuesday, August 24, 2010

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.

Sunday, August 22, 2010

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.

Thursday, August 19, 2010

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….

Wednesday, August 18, 2010

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.

Monday, August 16, 2010

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.

Sunday, August 15, 2010

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.

Friday, August 13, 2010

Thursday, August 12, 2010

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.

Tuesday, August 10, 2010

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.

Thursday, August 5, 2010

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.

Monday, August 2, 2010

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.

Friday, July 30, 2010

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.

Thursday, July 29, 2010

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.

Tuesday, July 27, 2010

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)

Sunday, July 25, 2010

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.

Thursday, July 22, 2010

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.

Wednesday, July 21, 2010

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.

Sunday, July 18, 2010

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.

Thursday, July 15, 2010

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.

Monday, July 12, 2010

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.

Friday, July 9, 2010

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.

Thursday, July 8, 2010

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.

Tuesday, July 6, 2010

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.

Friday, July 2, 2010

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.

Thursday, July 1, 2010

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.

Wednesday, June 30, 2010

TREND WATCH-JUNE 30

TREND WATCH------
· Last swing high is at 5339. (Lower high)
· Last swing low is at 5260. (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 98 points between 5236 and 5334. (Range expansion).
· Swing high of 5339 formed now which is lower than previous swing high of 5348.
· Nifty traded and closed below swing low of 5260.
· Medium term up move also terminated as Nifty traded below 5245.

Tuesday, June 29, 2010

TREND WATCH-JUNE 29

TREND WATCH------
· Last swing high is at 5348. (Lower high)
· Last swing low is at 5260. (Lower low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.
· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230, 5200.
---The down trend will terminate above 5348.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 68 points between 5271 and 5339. (Range compression).
· Swing low of 5260 formed now which is lower than previous swing low of 5288.

Sunday, June 27, 2010

TREND WATCH-JUNE 28

TREND WATCH------
· Last swing high is at 5348. (Lower high)
· Last swing low is at 5288. (Higher low)

· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.

· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230, 5200.
---The down trend will terminate above 5348.

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

IMP. NOTES----
· Nifty traded in small range of 60 points between 5260 and 5320. (Range compression).
· Nifty traded and closed below swing low of 5288.
· So Nifty is now in short term down trend.

Thursday, June 24, 2010

TREND WATCH-JUNE 25

TREND WATCH------
· Last swing high is at 5348. (Lower high)
· Last swing low is at 5288. (Higher low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.
· In the short term,
--- Nifty was in up trend (from 3rd June) which is terminated now.
---Below 5288, Nifty will be in short term downtrend with targets of 5260, 5230, 5200.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 64 points between 5284 and 5348. (Range compression).
· Swing high of 5348 formed now which is lower then previous swing high of 5367.
· Short term uptrend is now terminated.

TREND WATCH-JUNE 24


TREND WATCH------
· Last swing high is at 5367. (Higher high)
· Last swing low is at 5288. (Higher low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.
· In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260**.
---The up trend will ‘terminate’ below 5288.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 45 points between 5288 and 5333. (Range compression).
· Swing low of 5288 formed now which is higher then previous swing low of 5245.