Monday, January 18, 2010

Nifty Trend-Jan 19


• Last swing bottom is at 5229.

• In the medium term,
--- Nifty is in uptrend (from 23rd Dec.) with targets of 5240(achieved), 5360.
---The uptrend will ‘terminate’ below 5169.

• In the short term,
---Nifty is now in uptrend (from 18th Jan.) with targets of 5310, 5340, 5370.
----The uptrend will ‘terminate’ below 5229.