TREND WATCH -- JULY 30

TREND WATCH------
• Last swing high is at 5451. (Lower high)
• Last swing low is at 5381. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.

• In the short term,
--- Nifty is in down trend (from 28th July) with targets of 5370**, 5330, 5300.
---The down trend will terminate above 5451.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded between 5381 and 5416.
• Swing low of 5381 formed now which is lower then previous swing low of 5407.

TREND WATCH-JULY 29

TREND WATCH------

· Last swing high is at 5451. (Lower high)

· Last swing low is at 5407. (Higher low)


· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5353.


· In the short term,

--- Nifty is in down trend (from 28th July) with targets of 5370, 5330, 5300.

---The down trend will terminate above 5451.

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



IMP. NOTES----

· Nifty traded between 5386 and 5448.

· Swing high of 5451 formed now which is lower than previous swing high of 5477.

· Nifty traded and closed below swing low of 5407, so short term uptrend is now terminated and down trend begun.

TREND WATCH-JULY 28

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.


• In the short term,
--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.
---The up trend will terminate below 5407.


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

TREND WATCH--JULY 27

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5353.



· In the short term,

--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.

---The up trend will terminate below 5353.


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

TREND WATCH-JULY 26

TREND WATCH------
• Last swing high is at 5416. (lower high)
• Last swing low is at 5353. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.
• In the short term,
--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.
---The up trend will terminate below 5353.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5435 and 5477.
• Nifty traded above previous swing high of 5453, so in short term Nifty is now in up trend.

TREND WATCH-JULY 23

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5353. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty was in down trend (from 20th July) which is now terminated.

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



IMP. NOTES----

· Nifty traded in big range of 75 points between 5372 and 5447. (Range expansion).

· Nifty traded and closed above swing high of 5416, so short term down trend is now terminated.

TREND WATCH--JULY 22

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5353. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty is in down trend (from 20th July) with targets of 5330, 5300, 5260.

---The down trend will terminate above 5416.

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



IMP. NOTES----

· Nifty traded in small range of 40 points between 5369 and 5409. (Range compression).

· Swing low of 5353 formed now which is lower than previous swing low of 5360.

· ‘Inside day’ formed today as today’s high-low were between high-low of yesterday.

TREND WATCH-JULY 21

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5360. (Higher low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty is in down trend (from 20th July) with targets of 5330, 5300, 5260.

---The down trend will terminate above 5416.

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



IMP. NOTES----

· Nifty traded in big range of 63 points between 5353 and 5416. (Range expansion).

· Swing high of 5416 formed again which is lower than previous swing high of 5453.

· Nifty traded below 5360, so short term uptrend is now terminated and nifty is in down trend.

TREND WATCH -- JULY 19

TREND WATCH------
· Last swing high is at 5453. (Higher high)
· Last swing low is at 5360. (Higher low)

· In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5233.

· In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)
---The up trend will terminate below 5360. (Below 5360, Nifty will be in short term downtrend with targets of 5330, 5300, 5260.)
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in very small range of 27 points between 5374 and 5401. (Range compression).
· Swing low of 5360 formed now which is higher than previous swing low of 5233.

TREND WATCH --- JULY 15 & 16

TREND WATCH------

· Last swing high is at 5453. (Higher high)

· Last swing low is at 5233. (Higher low)


· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5210.


· In the short term,

--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)

---The up trend will terminate below 5233.

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



IMP. NOTES----

· Nifty traded in big range of 81 points between 5372 and 5453. (Range expansion).

· Swing high of 5453 formed now which is higher then previous swing high of 5297.

· Long upper shadow formed today which is bearish.

TREND WATCH-JULY 13 & 14

TREND WATCH------
• Last swing high is at 5297. (Lower high)
• Last swing low is at 5233. (Higher low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460, 5550.
---The up trend will terminate below 5210.

• In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in small range of 53 points between 5352 and 5402. (Range compression).
• All targets for short term up trend achieved now.
• Nifty traded and closed above 5367, so Nifty is now in medium term uptrend also.

TREND WATCH-JULY 12

TREND WATCH------
• Last swing high is at 5297. (Lower high)
• Last swing low is at 5233. (Higher low)

• In the medium term,
--- Nifty was in corrective down move (From 29th June) which is now terminated.
--- Above 5367, Nifty will be in medium term uptrend with targets of 5400, 5460, 5550.

• In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400.
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded in small range of 62 points between 5297 and 5359. (Range compression).
• Nifty traded above 5339, so medium term down move is now terminated.

TREND WATCH-JULY 9

TREND WATCH------
· Last swing high is at 5297. (Lower high)
· Last swing low is at 5233. (Higher 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 5339.

· In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370, 5400.
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 78 points between 5242 and 5320. (Range expansion).
· Swing low of 5233 formed now which is higher than previous swing low of 5225.
· Nifty traded above swing high of 5297, so short term down trend is now terminated and in short term Nifty is now in up trend.

TREND WATCH-JULY 8

TREND WATCH------

· Last swing high is at 5297. (Lower high)

· Last swing low is at 5225. (Higher 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 5339.

· In the short term,

--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.

---The down trend will terminate above 5297.

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

IMP. NOTES----

· Nifty traded in average range of 64 points between 5233 and 5297. (Range expansion).

· Swing high of 5397 formed now which is lower than previous swing high of 5320.

TREND WATCH-JULY 7

TREND WATCH------
• Last swing high is at 5320. (Lower high)
• Last swing low is at 5225. (Higher 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 5320.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded in average range of 66 points between 5231 and 5297. (Range expansion).
• Swing low of 5225 formed now which is higher than previous swing low of 5210.

TREND WATCH-JULY 2 & 5 & 6

TREND WATCH------
· Last swing high is at 5320. (Lower high)
· Last swing low is at 5210. (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 5320.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 80 points between 5232 and 5312. (Range expansion).
· Swing high of 5320 formed now which is lower than previous swing high of 5339.

TREND WATCH-JULY 1

TREND WATCH------

· Last swing high is at 5339. (Lower high)

· Last swing low is at 5210. (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 110 points between 5210 and 5320. (Range expansion).

· Swing low of 5210 formed now which is lower than previous swing low of 5260.

· All targets for short term down trend achieved now.