TREND WATCH-JUNE 30

TREND WATCH------
· Last swing high is at 5339. (Lower high)
· Last swing low is at 5260. (Lower low)

· In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210, 5170, 5130.
--- The down move will ‘terminate’ above 5367.

· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200.
---The down trend will terminate above 5339.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 98 points between 5236 and 5334. (Range expansion).
· Swing high of 5339 formed now which is lower than previous swing high of 5348.
· Nifty traded and closed below swing low of 5260.
· Medium term up move also terminated as Nifty traded below 5245.

TREND WATCH-JUNE 29

TREND WATCH------
· Last swing high is at 5348. (Lower high)
· Last swing low is at 5260. (Lower low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.
· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230, 5200.
---The down trend will terminate above 5348.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 68 points between 5271 and 5339. (Range compression).
· Swing low of 5260 formed now which is lower than previous swing low of 5288.

TREND WATCH-JUNE 28

TREND WATCH------
· Last swing high is at 5348. (Lower high)
· Last swing low is at 5288. (Higher low)

· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.

· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230, 5200.
---The down trend will terminate above 5348.

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

IMP. NOTES----
· Nifty traded in small range of 60 points between 5260 and 5320. (Range compression).
· Nifty traded and closed below swing low of 5288.
· So Nifty is now in short term down trend.

TREND WATCH-JUNE 25

TREND WATCH------
· Last swing high is at 5348. (Lower high)
· Last swing low is at 5288. (Higher low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.
· In the short term,
--- Nifty was in up trend (from 3rd June) which is terminated now.
---Below 5288, Nifty will be in short term downtrend with targets of 5260, 5230, 5200.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 64 points between 5284 and 5348. (Range compression).
· Swing high of 5348 formed now which is lower then previous swing high of 5367.
· Short term uptrend is now terminated.

TREND WATCH-JUNE 24

TREND WATCH------
· Last swing high is at 5367. (Higher high)
· Last swing low is at 5288. (Higher low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 5245.
· In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260**.
---The up trend will ‘terminate’ below 5288.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 45 points between 5288 and 5333. (Range compression).
· Swing low of 5288 formed now which is higher then previous swing low of 5245.

TREND WATCH-JUNE 23

· Last swing high is at 5367. (Higher high)
· Last swing low is at 5245. (Higher low)
· In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330**.
--- The up move will ‘terminate’ below 4967.
· In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260**.
---The up trend will ‘terminate’ below 5245.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in small range of 43 points between 5311 and 5354. (Range compression).
· Swing high of 5367 formed now which is higher then previous swing high of 5302.

TREND WATCH-JUNE 22

TREND WATCH------

· Last swing high is at 5302. (Higher high)

· Last swing low is at 5245. (Higher low)

· In the medium term,

--- Nifty is in corrective up move (From 3^rd June) with targets of 5160**, 5280**, 5330**.

--- The up move will ‘terminate’ below 4967.

· In the short term,

--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260**.

---The up trend will ‘terminate’ below 5245.

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

IMP. NOTES----

· Nifty traded in big range of 101 points between 5266 and 5367. (Range expansion).

· Swing low of 5245 formed now which is higher then previous swing low of 4967.

· Nifty traded and closed above swing high of 5302.

· All targets for medium term up move also achieved now.

TREND WATCH-JUNE 21

TREND WATCH------
• Last swing high is at 5302. (Higher high)
• Last swing low is at 4967. (Higher low)
• In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280**, 5330.
--- The up move will ‘terminate’ below 4786.
• In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260**.
---The up trend will ‘terminate’ below 4967.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in small range of 57 points between 5245 and 5302. (Range compression).
• Swing high of 5302 formed now which is higher then previous swing high of 5148.

TREND WATCH-JUNE 17 & 18

TREND WATCH------
• Last swing high is at 5148. (Higher high)
• Last swing low is at 4967. (Higher low)
• In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280, 5330.
--- The up move will ‘terminate’ below 4786.
• In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260**.
---The up trend will ‘terminate’ below 4967.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in very small range of 41 points between 5215 and 5256. (Range compression).

• All targets for short term uptrend (given on 3rd June) achieved now as Nifty made high of 5256 today.

TREND WATCH-JUNE 15 & 16

TREND WATCH------

· Last swing high is at 5148. (Higher high)

· Last swing low is at 4967. (Higher low)

· In the medium term,

--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280, 5330.

--- The up move will ‘terminate’ below 4786.

· In the short term,

--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190**, 5260.

---The up trend will ‘terminate’ below 4967.

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



IMP. NOTES----

· Nifty traded in average range of 81 points between 5120 and 5201. (Range compression).
. Target of 5190 of short term uptrend achieved now.
. Nifty traded and closed above swing high of 5148.

TREND WATCH-JUNE 11 & 14

TREND WATCH------

· Last swing high is at 5148. (Higher high)

· Last swing low is at 4967. (Higher low)

· In the medium term,

--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280, 5330.

--- The up move will ‘terminate’ below 4786.

· In the short term,

--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190, 5260.

---The up trend will ‘terminate’ below 4967.

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



IMP. NOTES----

· Nifty traded in average range of 88 points between 4997 and 5085. (Range compression).

nifty in triangle

--Triangle breakout will provide excellent trading opportunity.

TREND WATCH-JUNE 10

TREND WATCH------
• Last swing high is at 5148. (Higher high)
• Last swing low is at 4967. (Higher low)
• In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280, 5330.
--- The up move will ‘terminate’ below 4786.
• In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190, 5260.
---The up trend will ‘terminate’ below 4967.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in average range of 80 points between 4980 and 5050. (Range compression).
• ‘Inside day’ formed in Nifty today as Nifty traded between high & low of yesterday.
• Swing low of 4967 formed now which is higher then previous swing low of 4961.

TREND WATCH-JUNE 9

TREND WATCH------
• Last swing high is at 5148. (Higher high)
• Last swing low is at 4961. (Higher low)
• In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280, 5330.
--- The up move will ‘terminate’ below 4786.
• In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190, 5260.
---The up trend will ‘terminate’ below 4961.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in big range of 104 points between 4967 and 5071. (Range expansion).

TREND WATCH-JUNE 8

TREND WATCH------
• Last swing high is at 5148. (Higher high)
• Last swing low is at 4961. (Higher low)
• In the medium term,
--- Nifty is in corrective up move (From 3rd June) with targets of 5160**, 5280, 5330.
--- The up move will ‘terminate’ below 4786.
• In the short term,
--- Nifty is in up trend (from 3rd June) with targets of 5140**, 5190, 5260.
---The up trend will ‘terminate’ below 4961.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in big range of 129 points between 5004 and 5133. (Range expansion).
• Swing high of 5148 formed now which is higher then previous swing high of 5099.

BLOG UPDATE

Dear blog viewers,

I may not be able to update the blog for next few days.

I will try to update on twitter during those days.

The link is http://twitter.com/niftydoctor

Happy trading.