Nifty Doctor: 2011

Saturday, December 31, 2011

Thursday, December 29, 2011

Monday, December 26, 2011

Friday, December 23, 2011

Thursday, December 15, 2011

Friday, December 9, 2011

Thursday, December 8, 2011

LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4728.
· The trend is down and the termination level is at 5400.
MEDIUM TERM----- (As per weekly charts) ----
· Last swing high is at 5400 and swing low is at 4639.
· The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5099 and swing low is at 5002.
· The trend is down and the termination level is at 5099.

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· All levels are as per Nifty spot only.

Wednesday, December 7, 2011

SWING UPDATE (DEC 7)

Wednesday, November 30, 2011

Swing Update (Nov 30)

Monday, November 28, 2011

Trend update (Nov 28)

Friday, November 25, 2011

Trend Watch (Nov 25)

Wednesday, November 23, 2011

Trend Watch-Nov 24

Trend Watch-Nov 23

LONG TERM----- (As per monthly charts) ----
• Last swing high is at 5400 and swing low is at 4728.
• The trend is down and the termination level is at 5400.
MEDIUM TERM----- (As per weekly charts) ----
• Last swing high is at 5400 and swing low is at 5011.
• The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
• Last swing high is at 5318 and swing low is at 4765.
• The trend is down and the termination level is at 5318.

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• All levels are as per Nifty spot only.

Trend Watch-Nov 23

Thursday, November 3, 2011

Trend Watch - Nov 4

LONG TERM----- (As per monthly charts) ----
• Last swing high is at 5740 and swing low is at 4728.
• The trend is down and the termination level is at 5740.
MEDIUM TERM----- (As per weekly charts) ----
• Last swing high is at 5160 and swing low is at 5011.
• The trend is up and the termination level is at 5011.
SHORT TERM----- (As per daily charts) ----
• Last swing high is at 5400 and swing low is at 5202.
• The trend is up and the termination level is at 5202.

Wednesday, November 2, 2011

Trend Watch - Nov 3

LONG TERM----- (As per monthly charts) ----
• Last swing high is at 5740 and swing low is at 4728.
• The trend is down and the termination level is at 5740.
MEDIUM TERM----- (As per weekly charts) ----
• Last swing high is at 5160 and swing low is at 5011.
• The trend is up and the termination level is at 5011.
SHORT TERM----- (As per daily charts) ----
• Last swing high is at 5400 and swing low is at 5205.
• The trend is up and the termination level is at 5205.

Saturday, October 29, 2011

TREND WATCH--OCT 31

• LONG TERM----- (As per monthly charts) ---- Last swing high is at 5740 and swing low is at 4728, trend is down and termination level is at 5740.

• MEDIUM TERM----- (As per weekly charts) ---- Last swing high is at 5160 and swing low is at 5011, trend is up and termination level is at 5011.

• SHORT TERM----- (As per daily charts) ---- Last swing high is at 5148 and swing low is at 5038, trend is up and termination level is at 5038.

'''HAPPY DIWALI AND HAPPY NEW YEAR TO ALL OF YOU'''

Wednesday, September 7, 2011

Updates on twitter

Please note that I will put swing and trend updates on twitter for the time being.

the link is http://twitter.com/#!/niftydoctor

Sunday, August 28, 2011

Positive Divergence in RSI

Chart shows positive divergence and falling wedge...both favours bulls.

Chart taken from coldaro

I will not be able to update the blog for next few weeks....I will miss you all....wish you all happy trading and investing.

Wednesday, August 24, 2011

Short Term Swing Update

• Short term swing low (Lower low) formed at 4796. (As the closing was in green for the day on 22nd August).
• Short term swing high (Lower high) formed at 4966. (As the closing was in red for the day on 24th August).
• So, The short term down move will terminate above 4966.

Friday, August 19, 2011

4836---level to watch

chart taken from Richard Lehman

Thursday, August 18, 2011

SHORT TERM SWING UPDATE

SHORT TERM----- (As per daily charts)
• Last swing high is at 5112. (Lower high)
• Last swing low is at 5015. (Higher low)
• Nifty is in down move (from 27th July) with targets (+/- 10 points) of 5490**, 5450**, 5410**.
• The down move will terminate above 5112.
• Short term swing low (Lower low) formed at 5015. (As the closing was in green for the day on 17th August).
• Short term swing high (Lower high) formed at 5112. (As the closing was in red for the day on 18th August).

Thursday, August 11, 2011

Short Term Trend Update

SHORT TERM----- (As per daily charts)
· Last swing high is at 5198. (Lower high)
· Last swing low is at 4946. (Lower low)
· Nifty is in down move (from 27th July) with targets (+/- 10 points) of 5490**, 5450**, 5410**.
· The down move will terminate above 5198.
· Short term swing low (Lower low) formed at 4946. (As the closing was in green for the day on 10th August).
· Short term swing high (Lower high) formed at 5198. (As the closing was in red for the day on 11th August).

Sunday, July 31, 2011

TREND UPDATES

LONG TERM----- (As per monthly charts)
• Last swing high is at 5740. (Lower high)
• Last swing low is at 5196. (Higher low)
• Nifty is in down trend.
• The down trend will terminate above 5740.
MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5702. (Lower high)
• Last swing low is at 5497. (Higher low)
• Nifty is in down trend (from 28th July) with targets (+/-30 points) of 5430**, 5370, 5320.
• The down move will terminate above 5702.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5702. (Higher high)
• Last swing low is at 5533. (Lower low)
• Nifty is in down move (from 27th July) with targets (+/- 10 points) of 5490**, 5450**, 5410.
• The down move will terminate above 5702.

Monday, July 25, 2011

Short term trend update

--In the short term, Nifty is now in corrective upmove with targets of 5690**, 5720, 5750.
--The upmove will terminate below 5533.

Sunday, July 24, 2011

SWING UPDATES

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5740. (Higher high)
• Last swing low is at 5497. (Higher low)
• Nifty is in corrective up move (from 29th June) with targets (+/-30 points) of 5650**, 5730**, 5840.
• The up move will terminate below 5497.
• Medium term swing high (Higher high) formed at 5740. (As the closing was in red for the week which ended on 15th July)
• Medium term swing low (Higher low) formed at 5497. (As the closing was in green for the week which ended on 22nd July).

SHORT TERM----- (As per daily charts)
• Last swing high is at 5645. (Lower high)
• Last swing low is at 5533. (Lower low)
• Nifty is in down trend (from 21st July) with targets (+/- 10 points) of 5520, 5500, 5480.
• The down trend will terminate above 5645.
• Short term swing low (Lower low) formed at 5533. (As the closing was in green for the day on 22nd July).
• Short term swing high (Lower high) formed at 5645. (As the closing was in red for the day on 20th July).

Thursday, July 21, 2011

Short Term Swing Update

SHORT TERM----- (As per daily charts)
• Last swing high is at 5645. (Lower high)
• Last swing low is at 5551. (Higher low)
• Nifty is in down move (from 11th July) with targets (+/- 10 points) of 5580**, 5550**, 5520**. ( All targets achieved)
• The down move will terminate above 5645.
• Short term swing low (Higher low) formed at 5551. (As the closing was in green for the day on 19th July).
• Short term swing high (Lower high) formed at 5645. (As the closing was in red for the day on 20th July).

Tuesday, July 19, 2011

Announcement

Dear Blog Viewers,

Pleased to inform you all that I have been elected as Hon. Secretary of Ahmedabad Medical Association for next two years.

--Dr. Jignesh Shah MD

Friday, July 15, 2011

Trend Watch ( July 15)

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5740. (Higher high)
• Last swing low is at 5196. (Lower low)
• Nifty is in corrective up move (from 29th June) with targets (+/-30 points) of 5650**, 5730**, 5840.
• The up move will terminate below 5196.
• Medium term swing high (Higher high) formed at 5740. (As the closing was in red for the week which ended on 15th July)

• ** means target achieved.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5654. (Lower high)
• Last swing low is at 5497. (Lower low)
• Nifty is in down move (from 11th July) with targets (+/- 10 points) of 5580**, 5550**, 5520**. ( All targets achieved)
• The down move will terminate above 5654.
• Short term swing low (Lower low) formed at 5497. (As the closing was in green for the day on 13th July).
• Short term swing high (Lower high) formed at 5654. (As the closing was in red for the day on 15th July).

• ** means target achieved.

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Monday, July 11, 2011

Short Term Trend Update (July 11)

SHORT TERM----- (As per daily charts)
• Last swing high is at 5740. (Higher high)
• Last swing low is at 5611. (Higher low)
• Nifty is in down move (from 11th July) with targets (+/- 10 points) of 5580, 5550, 5520.
• The down move will terminate above 5740.
• Short term swing high (Higher high) formed at 5740. (As the closing was in red for the day on 8th July).

• Short term up move terminated today as Nifty traded below 5611.
• ** means target achieved.

Thursday, July 7, 2011

Short Term Trend Update (July 7)

SHORT TERM----- (As per daily charts)
• Last swing high is at 5680. (Lower high)
• Last swing low is at 5611. (Higher low)
• Nifty is in up trend (From 7th July) with targets (+/-10 points) of 5710**, 5740**, 5770.
• The up trend will terminate below 5611.
• Short term swing high (Lower high) formed at 5680. (As the closing was in red for the day on 4th July).
• Short term swing low (Higher low) formed at 5611. (As the closing was in green for the day on 7th July).
• Short term up move converted in to uptrend as Nifty traded above 5680.
• ** means target achieved.

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Tuesday, July 5, 2011

SHORT TERM TREND UPDATE

SHORT TERM----- (As per daily charts)
• Last swing high is at 5706. (Higher high)
• Last swing low is at 5610. (Higher low)
• Nifty is in corrective up move (From 27th June) with targets (+/-10 points) of 5570**, 5620, 5670.
• The up move will terminate below 5610.

• Short term swing high (Higher high) formed at 5706. (As the closing was in red for the day on 1st July).
• Short term swing low (Higher low) formed at 5610. (As the closing was in green for the day on 4th July).

• ** means target achieved.

Thursday, June 30, 2011

Long Term Trend Update

LONG TERM----- (As per monthly charts)
• Last swing high is at 5944. (Lower high)
• Last swing low is at 5196. (Higher low)
• Nifty is in down trend.
• The down trend will terminate above 5944.

IMP. NOTES----
• Long term swing low of 5196 formed now as the closing was in green for the month of June.

Wednesday, June 29, 2011

Medium Term Trend Update

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5605. (Lower high)
• Last swing low is at 5196. (Lower low)
• Nifty is in corrective up move (From 29th June) with targets (+/-30 points) of 5650, 5730, 5840.
• The up move will terminate below 5196.
• Medium term swing low (Lower low) formed at 5196. (As the closing was in green for the week which ended on 24th June).

• Medium term down trend terminated today as Nifty traded above 5605.
• ** means target achieved.

Monday, June 27, 2011

SHORT TERM TREND UPDATE (JUNE 27)

SHORT TERM----- (As per daily charts)
• Last swing high is at 5520. (Lower high)
• Last swing low is at 5196. (Lower low)

• Nifty is in corrective up move (From 27th June) with targets (+/-10 points) of 5570, 5620, 5670.
• The up move will terminate below 5196.
• Short term swing low (Lower low) formed at 5196. (As the closing was in green for the day on 21st June).

• Short term down trend terminated today as Nifty traded above 5520.
• ** means target achieved.

Monday, June 20, 2011

MEDIUM TERM TREND UPDATE (JUNE 20)

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5605. (Lower high)
• Last swing low is at 5329. (Lower low)
• Nifty is again in down trend (From 20th June) with targets (+/-30 points) of 5280**, 5180**, 5050.
• The down trend will terminate above 5605.

• Nifty is again in down trend today as Nifty traded below 5329.
• ** means target achieved.

Wednesday, June 15, 2011

SHORT TERM TREND UPDATE (JUNE 15)

SHORT TERM----- (As per daily charts)
• Last swing high is at 5520. (Lower high)
• Last swing low is at 5437. (Lower low)
• Nifty is in down trend (From 10th June) with targets (+/-10 points) of 5450**, 5420, 5380.
• The down trend will terminate above 5520.
• Short term swing low (Lower low) formed at 5437. (As the closing was in green for the day on 14th June).
• Short term swing high (Lower high) formed at 5520. (As the closing was in red for the day on 15th June).
• ** means target achieved.

Friday, June 10, 2011

TREND WATCH-JUNE 13

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5605. (Lower high)
• Last swing low is at 5329. (Lower low)
• Nifty is in down trend (From 3rd May) with targets (+/-30 points) of 5650**, 5600**, 5550**.
• The down trend will terminate above 5605.
• Medium term swing low (Lower low) formed at 5329. (As the closing was in green for the week which ended on 3rd June).
• Medium term swing high (Lower high) formed at 5605. (As the closing was in red for the week which ended on 10th June)
• ** means target achieved.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5570. (Lower high)
• Last swing low is at 5480. (Higher low)
• Nifty is in down trend (From 10th June) with targets (+/-10 points) of 5450, 5420, 5380.
• The down trend will terminate above 5570.
• Short term swing high (Lower high) formed at 5570. (As the closing was in red for the day on 7th June).
• Short term up trend terminated today as Nifty traded below 5480.
• ** means target achieved.

Monday, June 6, 2011

TREND WATCH-JUNE 7

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5329. (Lower low)
• Nifty is in down trend (From 3rd May) with targets (+/-30 points) of 5650**, 5600**, 5550**.
• The down trend will terminate above 5913.
• Medium term swing low (Lower low) formed at 5329. (As the closing was in green for the week which ended on 3rd June).
• ** means target achieved.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5605. (Higher high)
• Last swing low is at 5480. (Higher low)
• Nifty is in up trend (From 31st May) with targets (+/-10 points) of 5540**, 5570**, 5600**.
• The up move will terminate below 5480.
• Short term swing high (Higher high) formed at 5597. (As the closing was in red for the day on 2nd June).
• Short term swing high (Higher high) again formed at 5605. (As the closing was in red for the day on 3rd June also after making new high).
• Short term swing low (Higher low) formed at 5480. (As the closing was in green for the day on 6th June).
• ** means target achieved.

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Tuesday, May 31, 2011

TREND WATCH-JUNE 1

Friday, May 27, 2011

TREND WATCH-MAY 30

Thursday, May 26, 2011

TREND WATCH-MAY 26

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5693. (Higher low)
• Nifty is in down trend (From 3rd May) with targets (+/-30 points) of 5650**, 5600**, 5550**.
• The down trend will terminate above 5913.
• ** means target achieved.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5423. (Lower high)
• Last swing low is at 5367. (Lower low)
• Nifty is in corrective down move (From 17th May) with targets (+/-10 points) of 5430**, 5400**, 5370**.
• The down move will terminate above 5423.
• Short term swing low (Lower low) formed at 5367. (As the closing was in green for the day on 24th May).
• Short term swing high (Lower high) formed at 5423. (As the closing was in red for the day on 25th May).
• ** means target achieved.

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Wednesday, May 25, 2011

NIFTY TRENDLINES

Monday, May 23, 2011

TREND WATCH-MAY 24

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5693. (Higher low)
• Nifty is in down trend (From 3rd May) with targets (+/-30 points) of 5650**, 5600**, 5550**.
• The down trend will terminate above 5913.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5518. (Lower high)
• Last swing low is at 5401. (Lower low)
• Nifty is in corrective down move (From 17th May) with targets (+/-10 points) of 5430**, 5400**, 5370**.
• The down move will terminate above 5518.
• Short term swing low (Lower low) formed at 5401. (As the closing was in green for the day on 19th May).
• Short term swing high (Lower high) formed at 5518. (As the closing was in red for the day on 23rd May).
• ** means target achieved.

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Tuesday, May 17, 2011

TREND WATCH-MAY 18

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5693. (Higher low)
• Nifty is in down trend (From 3rd May) with targets (+/-30 points) of 5650**, 5600**, 5550**.
• The down trend will terminate above 5913.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5605. (Higher high)
• Last swing low is at 5472. (Lower low)
• Nifty is in corrective down move (From 17th May) with targets (+/-10 points) of 5430**, 5400, 5370.
• The down move will terminate above 5605.

IMP. NOTES----
• Short term swing high of 5605 formed on 16th may as the closing was in red for the day.
• Short term up move terminated today as Nifty traded below 5472.
• ** means target achieved.

Sunday, May 15, 2011

TREND WATCH--MAY 16

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG REGULARLY FOR NEXT FEW MONTHS.
SO I WILL UPDATE ONLY WHEN TREND CHANGES.....

Thursday, May 12, 2011

SWING UPDATE-MAY 13

--Short term swing high of 5575 (lower high) formed now as closing was in red for the day.
--so, the termination level for short term down trend is now at 5575.

Wednesday, May 11, 2011

SWING UPDATE-MAY 12

--Short term swing low of 5514 (Higher low) formed now as closing was in green for the day.

Tuesday, May 10, 2011

SWING UPDATE-MAY 11

--Short term swing high(Revised) of 5592 (lower high) formed now as closing was again in red for the day.
--so, the termination level for short term down trend is now at 5592.

Monday, May 9, 2011

SWING UPDATE-MAY 10

--Short term swing high of 5586 (lower high) formed now as closing was in red for the day.
--so, the termination level for short term down trend is now at 5586.

Saturday, May 7, 2011

TREND WATCH-MAY 9

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5693. (Higher low)
• Nifty is in down trend (From 3rd May) with targets (+/-30 points) of 5650**, 5600**, 5550**.
• The down trend will terminate above 5913.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5444. (Lower low)
• Nifty is in down trend (From 18th April) with targets (+/-10 points) of 5690**, 5640**, 5580**.
• The down trend will terminate above 5913.

IMP. NOTES----
• Short term swing low of 5444 formed now as the closing was in green for the day.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Monday, May 2, 2011

TREND UPDATE-MAY 3

--Nifty today traded below medium term swing low of 5693, so medium term uptrend is now terminated.
--In the medium term, Nifty is now in down trend with targets of 5650, 5600, 5550.

Saturday, April 30, 2011

TREND WATCH-MAY 2

LONG TERM----- (As per monthly charts)
• Last swing high is at 5944. (Lower high)
• Last swing low is at 5178. (Lower low)
• Nifty is in down trend.
• The down trend will terminate above 5944.

IMP. NOTES----
• Long term swing high of 5944 formed now as the closing was in red for the month.

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5693. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
• The up trend will terminate below 5693.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5913. (Lower high)
• Last swing low is at 5791. (Higher low)
• Nifty is in down trend (From 18th April) with targets (+/-10 points) of 5690**, 5640, 5580.
• The down trend will terminate above 5913.

IMP. NOTES----
• medium term swing high of 5913 formed now as the closing was in red for the week.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Tuesday, April 26, 2011

TREND WATCH-APRIL 26

---Short term swing high of 5913 formed now as the closing was in negative on monday.
---So, termination level for short term down trend is now at 5913.

Thursday, April 21, 2011

TREND WATCH-APRIL 24

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5945. (Higher high)
• Last swing low is at 5693. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
• The up trend will terminate below 5693.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5924. (Lower high)
• Last swing low is at 5693. (Lower low)
• Nifty is in down trend (From 18th April) with targets (+/-10 points) of 5690**, 5640, 5580.
• The down trend will terminate above 5924.

IMP. NOTES----
• Medium term swing low of 5693 formed now as the closing was in green for the week.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Tuesday, April 19, 2011

TREND WATCH-APRIL 20

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5945. (Higher high)
• Last swing low is at 5348. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
• The up trend will terminate below 5348.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5924. (Lower high)
• Last swing low is at 5693. (Lower low)
• Nifty is in down trend (From 18th April) with targets (+/-10 points) of 5690**, 5640, 5580.
• The down trend will terminate above 5924.

IMP. NOTES----
• Short term swing low of 5693 formed now as the closing was in green for the day.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Monday, April 18, 2011

SP.UPDATE

--Short term corrective down move converted into down trend today as Nifty traded below swing low of 5735 (after making lower swing high of 5923).
--Target for the down trend are 5690, 5640, 5580.
--The short term down trend will terminate above 5923.

Friday, April 15, 2011

TREND WATCH-APRIL 18

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5945. (Higher high)
• Last swing low is at 5348. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
• The up trend will terminate below 5348.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5924. (Lower high)
• Last swing low is at 5735. (Lower low)
• Nifty is in corrective down move (From 11th April) with targets (+/-10 points) of 5780**, 5750**, 5710.
• The down move will terminate above 5924.

IMP. NOTES----
• Medium term swing high of 5945 formed now as the closing was in red for the week.
• Short term swing high of 5924 formed now as the closing was in red for the day.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Wednesday, April 13, 2011

TREND WATCH-APRIL 15

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5608. (Higher high)
• Last swing low is at 5348. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
• The up trend will terminate below 5348.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5945. (Higher high)
• Last swing low is at 5735. (Lower low)
• Nifty is in corrective down move (From 11th April) with targets (+/-10 points) of 5780**, 5750**, 5710.
• The down move will terminate above 5945.

IMP. NOTES----
• Short term swing low of 5735 formed now as the closing was in green for the day.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Monday, April 11, 2011

SP UPDATE

--Short term uptrend is now terminated as Nifty is trading below 5810.
--In the short term, Nifty is now in corrective down move with targets of 5780, 5750, 5710.
--5780 and 5750 are overshooting retrachment levels of 5944-5810 swing and 5710 is corrective retrachment level of 5348-5944 swing.

Wednesday, April 6, 2011

TREND WATCH-APRIL 7

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5608. (Higher high)
• Last swing low is at 5348. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
• The up trend will terminate below 5348.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5945. (Higher high)
• Last swing low is at 5810. (Higher low)
• Nifty is in up trend (From 4th April) with targets (+/-10 points) of 5900**, 5930**, 5960.
• The up trend will terminate below 5810.

IMP. NOTES----
• Short term swing high of 5945 formed now as the closing was in red for the day.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Monday, April 4, 2011

TREND WATCH-APRIL 5 & 6

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5608. (Higher high)
· Last swing low is at 5348. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**.
· The up trend will terminate below 5348.
SHORT TERM----- (As per daily charts)
· Last swing high is at 5872. (Higher high)
· Last swing low is at 5810. (Higher low)
· Nifty is in up trend (From 4th April) with targets (+/-10 points) of 5900**, 5930**, 5960.
· The up trend will terminate below 5810.

IMP. NOTES----
· Short term swing low of 5810 formed now as the closing was in green for the day.
· Short term corrective up move converted into uptrend as Nifty traded above swing high of 5872.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high. · Downtrend---forms when we have lower swing high and we trade below last swing low. · Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.

Friday, April 1, 2011

TREND WATCH-APRIL 4

MEDIUM TERM----- (As per weekly charts)
• Last swing high is at 5608. (Higher high)
• Last swing low is at 5348. (Higher low)
• Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790**, 5840**. (All targets achieved)
• The up trend will terminate below 5348.

SHORT TERM----- (As per daily charts)
• Last swing high is at 5872. (Higher high)
• Last swing low is at 5348. (Lower low)
• Nifty is in corrective up move (From 25th March) with targets (+/-10 points) of 5580**, 5640**, 5720**. (All targets achieved)
• The up move will terminate below 5348.

IMP. NOTES----
• Short term swing high of 5872 formed now as the closing was in red for the day.
• ** means target achieved

Sp. Notes---
• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
• Uptrend---forms when we have higher swing low and we trade above last swing high.
• Downtrend---forms when we have lower swing high and we trade below last swing low.
• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
• Targets---are based on Fibonacci retranchment levels between different swings.
• All levels are as per Nifty spot only.

Thursday, March 31, 2011

LONG TERM TREND WATCH UPDATE

LONG TERM----- (As per monthly charts)
· Last swing high is at 6181. (Lower high)
· Last swing low is at 5178. (Lower low)
· Nifty is in down trend.
· The down trend will terminate above 6181.

IMP. NOTES----
· Long term swing low of 5178 formed now as the closing was in green for the month.

SP UPDATE

All our targets for medium term uptrend achieved today as Nifty is now trading at 5860.....cheers.

Friday, March 25, 2011

TREND WATCH-MARCH 28,29 & 30

MEDIUM TERM----- (As per weekly charts)

· Last swing high is at 5608. (Higher high)

· Last swing low is at 5348. (Higher low)

· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670**, 5790, 5840. · The up trend will terminate below 5348.

SHORT TERM----- (As per daily charts)

· Last swing high is at 5535. (Lower high)

· Last swing low is at 5348. (Lower low)

· Nifty is in corrective up move (From 25th March) with targets (+/-10 points) of 5580**, 5640**, 5720.

· The upmove will terminate below 5348.

IMP. NOTES----

· Medium term swing low of 5348 formed now as the closing was in green for the week.

· Short term down trend terminated today as Nifty traded above 5535.

· First target of 5670 of medium term uptrend given on 4th march achieved today. · ** means target achieved

Sp. Notes---

· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.) · Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.) · Uptrend---forms when we have higher swing low and we trade above last swing high. · Downtrend---forms when we have lower swing high and we trade below last swing low. · Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low. · Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high. · Targets---are based on Fibonacci retranchment levels between different swings. · All levels are as per Nifty spot only.

Tuesday, March 22, 2011

TREND WATCH-MARCH 23 & 24 & 25

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5608. (Higher high)
· Last swing low is at 5233. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670, 5790, 5840.
· The up trend will terminate below 5233.

SHORT TERM----- (As per daily charts)
· Last swing high is at 5535. (Lower high)
· Last swing low is at 5348. (Lower low)
· Nifty is in down trend (From 15th March) with targets (+/-10 points) of 5380**, 5350**, 5300.
· The down trend will terminate above 5535.

IMP. NOTES----
· Short term swing low of 5348 formed now as daily closing was in green today.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.

Thursday, March 17, 2011

TREND WATCH UPDATE-MARCH 18

---Short term swing high of 5535 formed today as daily closing was in red today.

Wednesday, March 16, 2011

TREND WATCH-MARCH 17

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5608. (Higher high)
· Last swing low is at 5233. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670, 5790, 5840.
· The up trend will terminate below 5233.

SHORT TERM----- (As per daily charts)
· Last swing high is at 5537. (Lower high)
· Last swing low is at 5374. (Lower low)
· Nifty is in down trend (From 15th March) with targets (+/-10 points) of 5380**, 5350, 5300.
· The down trend will terminate above 5537.

IMP. NOTES----
· Short term swing low of 5374 formed now as daily closing was in green today.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.

QUIZ FOR READERS

----latest hourly chart of nifty.
----now termination level for the uptrend is at 5502.(2.30pm)

---Above is hourly chart of nifty.
---Now tell me
1)what is the latest trend of nifty in hourly chart??
2)what will be termination point?

Tuesday, March 15, 2011

TREND WATCH-MARCH 16

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5608. (Higher high)
· Last swing low is at 5233. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670, 5790, 5840.
· The up trend will terminate below 5233.

SHORT TERM----- (As per daily charts)
· Last swing high is at 5537. (Lower high)
· Last swing low is at 5412. (Higher low)
· Nifty is in down trend (From 15th March) with targets (+/-10 points) of 5380**, 5350, 5300.
· The down trend will terminate above 5537.

IMP. NOTES----
· Short term swing high of 5537 formed now as daily closing was in red today.
· Short term corrective up move terminated today as Nifty traded below 5412.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.

Monday, March 14, 2011

TREND WATCH-MARCH 15

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5608. (Higher high)
· Last swing low is at 5233. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670, 5790, 5840.
· The up trend will terminate below 5233.

SHORT TERM----- (As per daily charts)
· Last swing high is at 5563. (Lower high)
· Last swing low is at 5412. (Higher low)
· Nifty is in corrective up move (From 1st March) with targets (+/-10 points) of 5580**, 5640, 5700.
· The up move will terminate below 5412.

IMP. NOTES----
· Short term swing low of 5412 formed now as daily closing was in green today.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.

Friday, March 11, 2011

TREND WATCH-MARCH 14

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5608. (Higher high)
· Last swing low is at 5233. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670, 5790, 5840.
· The up trend will terminate below 5233.

SHORT TERM----- (As per daily charts)
· Last swing high is at 5563. (Lower high)
· Last swing low is at 5408. (Higher low)
· Nifty is in corrective up move (From 1st March) with targets (+/-10 points) of 5580**, 5640, 5700.
· The up move will terminate below 5408.

IMP. NOTES----
· Medium term swing high of 5608 formed now as weekly closing was in red today.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.

Thursday, March 10, 2011

TREND WATCH-MARCH 11

MEDIUM TERM----- (As per weekly charts)
· Last swing high is at 5599. (Lower high)
· Last swing low is at 5233. (Higher low)
· Nifty is in up trend (From 4th March) with targets (+/-30 points) of 5670, 5790, 5840.
· The up trend will terminate below 5233.

SHORT TERM----- (As per daily charts)
· Last swing high is at 5563. (Lower high)
· Last swing low is at 5408. (Higher low)
· Nifty is in corrective up move (From 1st March) with targets (+/-10 points) of 5580**, 5640, 5700.
· The up move will terminate below 5408.

IMP. NOTES----
· Short term swing high of 5563 formed now as daily closing was in red today.
· ** means target achieved

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· Targets---are based on Fibonacci retranchment levels between different swings.
· All levels are as per Nifty spot only.