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.
