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.