TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 5937. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6151.
• In the short term,
--- Nifty is in corrective down move (From 27th October) with targets (+/-10 points) of 6000**, 5960**, 5920.
--- The down move will terminate above 6151.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 5937 and 6032.
• Swing low of 5037 formed now as Nifty closed in green today.
Sunday, October 31, 2010
Wednesday, October 27, 2010
TREND WATCH-OCT 28 & 29
TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 6041. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6151.
• In the short term,
--- Nifty is in corrective down move (From 27th October) with targets (+/-10 points) of 6000**, 5960, 5920.
--- The down move will terminate above 6151.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 5987 and 6076.
• Short term uptrend is now terminated as Nifty closed below swing low of 6041.
• Last swing high is at 6151. (Higher high)
• Last swing low is at 6041. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6151.
• In the short term,
--- Nifty is in corrective down move (From 27th October) with targets (+/-10 points) of 6000**, 5960, 5920.
--- The down move will terminate above 6151.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 5987 and 6076.
• Short term uptrend is now terminated as Nifty closed below swing low of 6041.
Tuesday, October 26, 2010
TREND WATCH-OCT 27
TREND WATCH------
• Last swing high is at 6151. (Higher high)
• Last swing low is at 6041. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in up trend (From 25th October) with targets (+/-10 points) of 6160**, 6180, 6200.
---The up trend will terminate below 6041.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6074 and 6120.
• Swing high of 6151 formed now as Nifty closed in red today.
• Last swing high is at 6151. (Higher high)
• Last swing low is at 6041. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in up trend (From 25th October) with targets (+/-10 points) of 6160**, 6180, 6200.
---The up trend will terminate below 6041.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6074 and 6120.
• Swing high of 6151 formed now as Nifty closed in red today.
TREND WATCH-OCT 26
TREND WATCH------
• Last swing high is at 6121. (Lower high)
• Last swing low is at 6041. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in up trend (From 25th October) with targets (+/-10 points) of 6160**, 6180, 6200.
---The up trend will terminate below 6041.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6095 and 6151.
• Swing low of 6041 formed now as Nifty closed in green today.
• Short term down trend is terminated now as Nifty traded above swing high of 6121.
• Last swing high is at 6121. (Lower high)
• Last swing low is at 6041. (Higher low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in up trend (From 25th October) with targets (+/-10 points) of 6160**, 6180, 6200.
---The up trend will terminate below 6041.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6095 and 6151.
• Swing low of 6041 formed now as Nifty closed in green today.
• Short term down trend is terminated now as Nifty traded above swing high of 6121.
Sunday, October 24, 2010
TREND WATCH-OCT 25
TREND WATCH------
• Last swing high is at 6121. (Lower high)
• Last swing low is at 5967. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in down trend (From 20th October) with targets (+/-10 points) of 5960**, 5920, 5880.
---The down trend will terminate above 6121.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6041 and 6121.
• Swing high of 6121 formed now as Nifty closed in red today.
• Last swing high is at 6121. (Lower high)
• Last swing low is at 5967. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in down trend (From 20th October) with targets (+/-10 points) of 5960**, 5920, 5880.
---The down trend will terminate above 6121.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6041 and 6121.
• Swing high of 6121 formed now as Nifty closed in red today.
Wednesday, October 20, 2010
TREND WATCH-OCT 20
TREND WATCH------
• Last swing high is at 6127. (Lower high)
• Last swing low is at 5985. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-10 points) of 6020**, 5980**, 5960.
---The down move will terminate above 6127.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6008 and 6127.
• Swing high of 6127 formed now as Nifty closed in red today.
• Please note that currently short term trend is ‘down move’ and medium term trend is ‘down move’.
• Last swing high is at 6127. (Lower high)
• Last swing low is at 5985. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-30 points) of 6000**, 5900, 5800.
---The down move will terminate above 6284.
• In the short term,
--- Nifty is in corrective down move (From 15th October) with targets (+/-10 points) of 6020**, 5980**, 5960.
---The down move will terminate above 6127.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6008 and 6127.
• Swing high of 6127 formed now as Nifty closed in red today.
• Please note that currently short term trend is ‘down move’ and medium term trend is ‘down move’.
Wednesday, October 13, 2010
TREND WATCH-OCT 14
TREND WATCH------
• Last swing high is at 6188. (Lower high)
• Last swing low is at 6058. (Lower low)
• In the medium term,
--- Nifty is again in up trend (From 13th October) with targets (+/-30 points) of 6320, 6400, 6480.
---The uptrend will terminate below 6058.
• In the short term,
--- Nifty is in up trend (From 13th October) with targets (+/-10 points) of 6260, 6290, 6330.
---The up trend will terminate below 6058.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6090 and 6240.
• Swing low of 6058 formed now which is lower than previous swing low of 6067.
• Short term down trend is terminated as nifty closed above swing high of 6188.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
• Last swing high is at 6188. (Lower high)
• Last swing low is at 6058. (Lower low)
• In the medium term,
--- Nifty is again in up trend (From 13th October) with targets (+/-30 points) of 6320, 6400, 6480.
---The uptrend will terminate below 6058.
• In the short term,
--- Nifty is in up trend (From 13th October) with targets (+/-10 points) of 6260, 6290, 6330.
---The up trend will terminate below 6058.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6090 and 6240.
• Swing low of 6058 formed now which is lower than previous swing low of 6067.
• Short term down trend is terminated as nifty closed above swing high of 6188.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
Tuesday, October 12, 2010
TREND WATCH-OCT 13
TREND WATCH------
• Last swing high is at 6188. (Lower high)
• Last swing low is at 6067. (Lower low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is in down trend (From 12th October) with targets (+/-10 points) of 6070**, 6020, 5970.
---The down trend will terminate above 6188.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6058 and 6145.
• Swing high of 6188 formed now which is lower than previous swing high of 6223.
• Short term corrective down move is now converted in to short term down trend as Nifty traded below swing low of 6067.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.
• Last swing high is at 6188. (Lower high)
• Last swing low is at 6067. (Lower low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is in down trend (From 12th October) with targets (+/-10 points) of 6070**, 6020, 5970.
---The down trend will terminate above 6188.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6058 and 6145.
• Swing high of 6188 formed now which is lower than previous swing high of 6223.
• Short term corrective down move is now converted in to short term down trend as Nifty traded below swing low of 6067.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.
TREND WATCH-OCT 12
TREND WATCH------
• Last swing high is at 6223. (Higher high)
• Last swing low is at 6067. (Lower low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is in corrective down move (From 7th October) with targets (+/-10 points) of 6070**, 6020, 5970.
---The down move will terminate above 6223.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6106 and 6188.
• Swing low of 6067 formed now which is lower than previous swing low of 6118.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.
• Last swing high is at 6223. (Higher high)
• Last swing low is at 6067. (Lower low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is in corrective down move (From 7th October) with targets (+/-10 points) of 6070**, 6020, 5970.
---The down move will terminate above 6223.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6106 and 6188.
• Swing low of 6067 formed now which is lower than previous swing low of 6118.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.
Thursday, October 7, 2010
TREND WATCH-OCT 8
TREND WATCH------
• Last swing high is at 6223. (Higher high)
• Last swing low is at 6118. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is in corrective down move (From 7th October) with targets (+/-10 points) of 6070, 6020, 5970.
---The down move will terminate above 6223.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6107 and 6199.
• Swing high of 6223 formed now which is higher than previous swing high of 6222.
• Short term uptrend is now terminated as Nifty traded below swing low of 6118.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.
• Last swing high is at 6223. (Higher high)
• Last swing low is at 6118. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is in corrective down move (From 7th October) with targets (+/-10 points) of 6070, 6020, 5970.
---The down move will terminate above 6223.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6107 and 6199.
• Swing high of 6223 formed now which is higher than previous swing high of 6222.
• Short term uptrend is now terminated as Nifty traded below swing low of 6118.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.
Wednesday, October 6, 2010
TREND WATCH-OCT 7
TREND WATCH------
• Last swing high is at 6222. (Higher high)
• Last swing low is at 6118. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 6118.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6148 and 6223.
• Swing low of 6118 formed now which is higher than previous swing low of 5964.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
• Last swing high is at 6222. (Higher high)
• Last swing low is at 6118. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5964.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 6118.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6148 and 6223.
• Swing low of 6118 formed now which is higher than previous swing low of 5964.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
Tuesday, October 5, 2010
TREND WATCH-OCT 6
TREND WATCH------
• Last swing high is at 6222. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5816.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 5964.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6118 and 6188.
• Swing high of 6222 formed now which is higher than previous swing high of 6073.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
• Last swing high is at 6222. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5816.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 5964.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6118 and 6188.
• Swing high of 6222 formed now which is higher than previous swing high of 6073.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
Monday, October 4, 2010
TREND WATCH -OCT 5
TREND WATCH------
• Last swing high is at 6073. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5816.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 5964.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6145 and 6222.
• Long upper shadow formed today which is bearish.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
• Last swing high is at 6073. (Higher high)
• Last swing low is at 5964. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 6th September) with targets (+/-30 points) of 5590**, 5670**, 5750**. (All targets achieved)
---The uptrend will terminate below 5816.
• In the short term,
--- Nifty is again in up trend (From 1st October) with targets (+/-10 points) of 6100**, 6130**, 6230**.
---The uptrend will terminate below 5964.
(** means target achieved)
IMP. NOTES----
• Nifty traded between 6145 and 6222.
• Long upper shadow formed today which is bearish.
• Please note that currently short term trend is ‘up’ and medium term trend is ‘up’.
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