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.
