TREND WATCH-MARCH 10

· Last swing low is at 5049. (Higher low)

· Last swing high is at 5147. (Higher high)

· In the medium term,

--- Nifty is in up trend (from 26^th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 4834.

· In the short term,

--- Nifty is in uptrend (from 11^th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5049.

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