• Last swing top is at 5292.
• 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 in corrective down move with targets of 5210 (achieved), 5195.
--- The down move will ‘terminate’ above 5292.
