TREND WATCH--NOV 30

TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5690. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5755 and 5843.
• Swing low of 5690 formed now as Nifty closed in green today.

TREND WATCH-NOV 29

TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5864. (Lower low)
• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700**. (All targets achieved)
--- The down move will terminate above 6144.
• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5690 and 5838.

TREND WATCH-NOV 24

TREND WATCH------
• Last swing high is at 6020. (Lower high)
• Last swing low is at 5864. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 19th November) with targets (+/-30 points) of 5900**, 5800**, 5700.
--- The down move will terminate above 6144.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6020.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5825 and 5973.
• Swing high of 6020 formed now as Nifty closed in red today.
• Long lower shadow formed today which is bullish.

TREND WATCH-NOV 18

TREND WATCH------
• Last swing high is at 6144. (Lower high)
• Last swing low is at 6039. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6144.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 5970 and 6144.
• Swing high of 6144 formed now as Nifty closed in red today.

----I HAVE DECIDED TO TAKE 'BREAK' FROM BLOGGING FOR SOME TIME, SO THERE WILL NOT BE ANY UPDATE FOR NEXT FEW WEEKS.

TREND WATCH-NOV 16

TREND WATCH------
• Last swing high is at 6311. (Lower high)
• Last swing low is at 6039. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150**, 6100**, 6040**. (All targets achieved)
--- The down trend will terminate above 6311.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6039 and 6129.
• Swing low of 6039 formed now as Nifty closed in green today.

TREND WATCH-NOV 12 & 15

TREND WATCH------
• Last swing high is at 6311. (Lower high)
• Last swing low is at 6244. (Higher low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in down trend (From 11th November) with targets (+/-10 points) of 6150, 6100, 6040.
--- The down trend will terminate above 6311.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6180 and 6296.
• Short term corrective up move was terminated today as Nifty traded and closed below 6244.

TREND WATCH-NOV 11

TREND WATCH------
• Last swing high is at 6311. (Lower high)
• Last swing low is at 6244. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.
• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 6244.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6269 and 6308.
• Swing high of 6311 formed now as Nifty closed in red today.

TREND WATCH-NOV 10

TREND WATCH------
• Last swing high is at 6338. (Higher high)
• Last swing low is at 6244. (Higher low)
• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.
• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 6244.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6244 and 6311.
• Swing low of 6244 formed now as Nifty closed in green today.

TREND WATCH-NOV 9

TREND WATCH------
• Last swing high is at 6338. (Higher high)
• Last swing low is at 5937. (Lower low)

• In the medium term,
--- Nifty is in up trend (From 4th November) with targets (+/-30 points) of 6350**, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 5937.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6265 and 6336.
• Swing high of 6338 formed now as Nifty closed in red today.

TREND WATCH - NOV 5 & 8

'WISH YOU HAPPY DIWALI AND PROSPEROUS NEW YEAR'

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 up trend (From 4th November) with targets (+/-30 points) of 6350, 6480, 6800.
---The up trend will terminate below 5937.

• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210**, 6240**.
---The up move will terminate below 5937.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6199 and 6290.
• Medium term corrective up move is now converted in to uptrend as Nifty traded above major swing high of 6284.

TREND WATCH-NOV 4

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 up move (From 3rd November) with targets (+/-30 points) of 6190, 6230, 6280.
---The up move will terminate below 5937.

• In the short term,
--- Nifty is in corrective up move (From 3rd November) with targets (+/-10 points) of 6180**, 6210, 6240.
---The up move will terminate below 5937.

(** means target achieved)

IMP. NOTES----
• Nifty traded between 6147 and 6182.
• Medium term down move is terminated now.
• Short term down move is also terminated now.