Tuesday, August 31, 2010

Trend Watch-Sept 1



TREND WATCH------
• Last swing high is at 5469. (Lower high)
• Last swing low is at 5390. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 31st August) with targets (+/-30 points) of 5280, 5210, 5150.
---The down move will terminate above 5550.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380**, 5350**. (All targets achieved)
---The down trend will terminate above 5469.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5349 and 5414.
• Swing high of 5469 formed now which is lower than previous swing high of 5495.
All targets for short term down trend achieved today.
• Medium term uptrend is terminated today as Nifty traded below 5372.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘corrective down move’.

Monday, August 30, 2010

Trend Watch-August 31



TREND WATCH------
• Last swing high is at 5495. (Lower high)
• Last swing low is at 5390. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380, 5350.
---The down trend will terminate above 5495.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5390 and 5469.
Swing low of 5390 formed now which is lower than previous swing low of 5452.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

Sunday, August 29, 2010

Trend Watch-August 30



TREND WATCH------
• Last swing high is at 5495. (Lower high)
• Last swing low is at 5452. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380, 5350.
---The down trend will terminate above 5495.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5392 and 5495.
• Swing high of 5495 formed now which is lower than previous swing high of 5550.
All targets for corrective down move are achieved now.
• Nifty closed below swing low of 5452, so corrective down move is converted in to down trend.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

Thursday, August 26, 2010

Trend Watch-August 27



TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5452. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480**, 5460**, 5440.
---The down move will terminate above 5550.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5454and 5478.
Swing low of 5452 formed now which is lower than previous swing low of 5513.
Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.

Wednesday, August 25, 2010

Trend Watch-August 26




TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480**, 5460**, 5440.
---The down move will terminate above 5550.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5452 and 5506.
• Please note that currently short term trend is corrective down move and medium term trend is still up.

Tuesday, August 24, 2010

Trend Watch-August 25




TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480, 5460, 5440.
---The down move will terminate above 5550.

(** means target achieved)


IMP. NOTES----
• Nifty traded between 5488 and 5547.
• Swing high of 5550 formed now which is higher than previous swing high of 5547.
Short uptrend is now terminated as Nifty trade and closed below swing low of 5513.
Please note that currently short term trend is corrective down move and medium term trend is still up.

Trend Watch-August 24

TREND WATCH------
• Last swing high is at 5547. (Higher high)
Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560**. (All targets achieved)
---The up trend will terminate below 5513.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5519 and 5550.
• Swing low of 5513 formed now which is higher than previous swing low of 5408.
Please note that currently short term trend is up and medium trend is also up.

Sunday, August 22, 2010

TREND WATCH--AUGUST 23

TREND WATCH------
• Last swing high is at 5547. (Higher high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5513 and 5547.
• Swing high of 5547 formed now which is higher than previous swing high of 5477.
• Please note that currently short term trend is up and medium trend is also up.

Thursday, August 19, 2010

TREND WATCH-AUGUST 20

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5478 and 5545.
• Nifty gave its best closing of last 30 months.
• All targets for medium term uptrend (given on 12th July) achieved now….

Wednesday, August 18, 2010

TREND WATCH-AUGUST 19

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500, 5530, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5416 and 5488.
• Swing low of 5408 formed now which is higher than previous swing low of 5372.
Short term corrective down move is now terminated.
Please note that short term trend is now up and medium term trend is already up.

Monday, August 16, 2010

TREND WATCH-AUGUST 17 & 18

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5372. (Lower low)

In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.

In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5477.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5397 and 5465.
Swing high of 5477 formed now which is lower than previous swing high of 5492.

Sunday, August 15, 2010

TREND WATCH-AUGUST 16

TREND WATCH------
• Last swing high is at 5492. (Higher high)
Last swing low is at 5372. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5492.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5415 and 5476.
Swing low of 5372 formed now which is lower than previous swing low of 5431.

Friday, August 13, 2010

Thursday, August 12, 2010

TREND WATCH--AUGUST 13



TREND WATCH------
• Last swing high is at 5492. (Higher high)
• Last swing low is at 5431. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5492.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5372 and 5431.

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG REGULARLY FOR NEXT FEW WEEKS.

Tuesday, August 10, 2010

TREND WATCH--AUGUST 10

TREND WATCH------
• Last swing high is at 5487. (Higher high)
Last swing low is at 5431. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in uptrend (from 9th August) with targets (+/-10 points) of 5500, 5520, 5560.
---The up move will terminate below 5431.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5433 and 5492.
• Higher swing low of 5431 formed now.
• Nifty is now in short term uptrend.

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG FOR NEXT FEW WEEKS.

Thursday, August 5, 2010

TREND WATCH--AUGUST 6 & 9

TREND WATCH------

· Last swing high is at 5487. (Higher high)

· Last swing low is at 5349. (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 5349.

· In the short term,

--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460**, 5480**.

---The up move will terminate below 5349.

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



IMP. NOTES----

· Nifty traded between 5428 and 5482.

· Swing high of 5487 formed now which is higher than previous swing high of 5416.

TREND WATCH--AUGUST 5

TREND WATCH------

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

· Last swing low is at 5349. (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 5349.

· In the short term,

--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460**, 5480**. (all targets achieved now)

---The up move will terminate below 5349.

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



IMP. NOTES----

· Nifty traded between 5428 and 5482.
. All targets for short term corrective upmove achieved now.

Monday, August 2, 2010

TREND WATCH-AUGUST 3 & 4

TREND WATCH------
• Last swing high is at 5416. (Lower high)
• Last swing low is at 5349. (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 5349.
In the short term,
--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460, 5480.

---The up move will terminate below 5349.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5351 and 5439.
Swing low of 5349 formed now which is lower then previous swing low of 5381.
• Nifty traded and closed above swing high of 5416, so short term down trend is now terminated.

TREND WATCH --AUG 2

TREND WATCH------
• Last swing high is at 5416. (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 5349.
• In the short term,
--- Nifty is in down trend (from 28th July) with targets of 5370**, 5330**, 5300.
---The down trend will terminate above 5416.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5349 and 5413.
• Swing high of 5416 formed now which is lower then previous swing high of 5451.