· Last swing low is at 5101. (Higher low)
· In the medium term,
--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)
--- The up trend will ‘terminate’ below 5049.
· In the short term,
--- Nifty is again in uptrend (from 11th March.) with targets of 5180**, 5230.
--- The up trend will ‘terminate’ below 5101.
(Targets are +/- 20 points, ** means target achieved)
