• In the medium term,
--- Nifty is in corrective down move (from 21st Jan.) with targets of 5010 (achieved), 4950 (achieved), 4890 (achieved).
--- The down move will ‘terminate’ above 5311.
• In the short term,
--- Nifty is in downtrend (from 21st Jan.) with targets of 5090 (already achieved), 5020 (achieved).
----The down trend will ‘terminate’ above 5292.
• In the immediate term
---- Nifty is now in corrective up move with targets of 5000, 5050, 5110.
--- The up move will terminate below 4825.
