Monday, November 29, 2010

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.

Sunday, November 28, 2010

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.

Wednesday, November 24, 2010

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.

Wednesday, November 17, 2010

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.

Tuesday, November 16, 2010

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.

Thursday, November 11, 2010

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.

Wednesday, November 10, 2010

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.

Tuesday, November 9, 2010

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.

Monday, November 8, 2010

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.

Thursday, November 4, 2010

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.

Wednesday, November 3, 2010

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.