Friday, March 26, 2010

TREND WATCH-MARCH 26

· 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 5101.


· In the short term,

--- Nifty is again in uptrend (from 26th March.) with targets of 5320, 5380, 5420.

--- The up trend will ‘terminate’ below 5187.



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