· Last swing low is at 5187. (Higher low)
· In the medium term,
--- Nifty is again in up trend (from 29th March.) with targets of 5450, 5550, 5700.
--- 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)