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.

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.

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.

TREND WATCH UPDATE-MARCH 18

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

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?

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.

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.

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.

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.

TREND WATCH-MARCH 9 & 10

TREND WATCH------

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 5608. (Higher 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 low of 5408 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.

TREND WATCH-MARCH 8

TREND WATCH------

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 5608. (Higher high)
· Last swing low is at 5233. (Lower low)
· Nifty is in corrective up move (From 1st March) with targets (+/-10 points) of 5580**, 5640, 5700.
· The up move will terminate below 5233.

IMP. NOTES----
· Swing high of 5608 formed now in daily charts as Nifty closed 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.

SP. UPDATE

---Nifty is trading above 5599(weekly swing high).
---So, Medium term upmove is now converted into uptrend with targets of 5670, 5790, 5840.

TREND WATCH-MARCH 3 & 4 & 7

TREND WATCH------
· Last swing high is at 5526. (Lower high)
· Last swing low is at 5238. (Lower low)
· In the medium term,
--- Nifty is in corrective up move (From 18th February) with targets (+/-30 points) of 5600**, 5680, 5790.
--- The up move will terminate below 5178.
· In the short term,
--- Nifty is in corrective up move (From 1st March) with targets (+/-10 points) of 5580, 5640, 5700.
--- The up move will terminate below 5238.

(** means target achieved)

IMP. NOTES----
· Short term down trend is terminated now as Nifty traded above 5526..

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.