TREND WATCH------
• In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.
• In the short term,
--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900, 4960.
--- The up trend will ‘terminate’ below 4784.
(Targets are +/- 20 points, ** means target achieved)
