Saturday, December 31, 2011

Swing update (Dec 31)

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 4801 and swing low is at 4531.
· The trend is down and the termination level is at 4801.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4801 and swing low is at 4693.
· The trend is down and the termination level is at 4801.
· The targets are 4650, 4625, 4600.

HAPPY NEW YEAR TO ALL OF YOU

Thursday, December 29, 2011

Trend Update (Dec 29)

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 5099 and swing low is at 4531.
· The trend is down and the termination level is at 5099.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4801 and swing low is at 4693.
· The trend is down and the termination level is at 4801.
· The targets are 4650, 4625, 4600.

Monday, December 26, 2011

Trend Update (Dec 26)

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 5099 and swing low is at 4531.
· The trend is down and the termination level is at 5099.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4763 and swing low is at 4693.
· The trend is up and the termination level is at 4693.
· The targets are 4800, 4840, 4880.

Friday, December 23, 2011

Swing update (Dec 23)

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 5099 and swing low is at 4531.
· The trend is down and the termination level is at 5099.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4763 and swing low is at 4531.
· The trend is down and the termination level is at 4763.

Thursday, December 15, 2011

Trend Watch (Dec 15)

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 5099 and swing low is at 4639.
· The trend is down and the termination level is at 5099.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4840 and swing low is at 4728.
· The trend is down and the termination level is at 4840.

Friday, December 9, 2011

Swing update (Dec 9)

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 5099 and swing low is at 4639.
· The trend is down and the termination level is at 5099.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5099 and swing low is at 5002.
· The trend is down and the termination level is at 5099.

Thursday, December 8, 2011

Trend Update (Dec 8)

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 4639.
· The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5099 and swing low is at 5002.
· The trend is down and the termination level is at 5099.

Sp. Notes---
· Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)
· Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)
· Uptrend---forms when we have higher swing low and we trade above last swing high.
· Downtrend---forms when we have lower swing high and we trade below last swing low.
· Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.
· Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.
· All levels are as per Nifty spot only.

Wednesday, December 7, 2011

SWING UPDATE (DEC 7)

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 4639.
· The trend is down and the termination level is at 5400.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5063 and swing low is at 5002.
· The trend is up and the termination level is at 5002.