Wednesday, November 23, 2011

Trend Watch-Nov 24

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 4854 and swing low is at 4765.
• The trend is down and the termination level is at 4854.