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.
