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.
