Monday, November 28, 2011

Trend update (Nov 28)

LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4728.
· The trend is down and the termination level is at 5400.
MEDIUM TERM----- (As per weekly charts) ----
· Last swing high is at 5400 and swing low is at 5011.
· The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4771 and swing low is at 4693.
· The trend is up and the termination level is at 4693.