Swing Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5965 and swing low is at 5823.

• The trend is up and the termination level is at 5823.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5931 and swing low is at 5865.

• The trend is up (from Dec 18) and the termination level is at 5865.

• The targets (+/- 10) are 5940*, 5970, 6000.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

SHORT TERM SWING UPDATE

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5965 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5886 and swing low is at 5839.

• The trend is down and the termination level is at 5886.

• The targets (+/- 10) are 5860*, 5840*, 5820.

Short term Trend update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5965 and swing low is at 5888.

• The trend is down and the termination level is at 5965.

• The targets (+/- 10) are 5860*, 5840, 5820.

Short Term Swing Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5950 and swing low is at 5888.

• The trend is up and the termination level is at 5888.

• The targets (+/- 10) are 5940*, 5960, 5980.

Short term Swing update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5918 and swing low is at 5839.

• The trend is up and the termination level is at 5839.

• The targets (+/- 10) are 5940*, 5960, 5980.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Short Term Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5899 and swing low is at 5855.

• The trend is up and the termination level is at 5855.

• The targets (+/- 10) are 5670*, 5690*, 5710*.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Medium Term Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920, 5980.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5643 and swing low is at 5594.

• The trend is up and the termination level is at 5594.

• The targets (+/- 10) are 5670*, 5690*, 5710*.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Short Term Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is down and the termination level is at 5777.

• The targets (+/- 30) are 5540*, 5500, 5460.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5643 and swing low is at 5594.

• The trend is up and the termination level is at 5594.

• The targets (+/- 10) are 5670, 5690, 5710.

Swing Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is down and the termination level is at 5777.

• The targets (+/- 30) are 5540*, 5500, 5460.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5643 and swing low is at 5548.

• The trend is down and the termination level is at 5643.

• The targets (+/- 10) are 5550*, 5520, 5490.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5583.

• The trend is down and the termination level is at 5777.

• The targets (+/- 30) are 5540*, 5500, 5460.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5777 and swing low is at 5548.

• The trend is down and the termination level is at 5777.

• The targets (+/- 10) are 5550*, 5520, 5490.

Medium Term Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5777 and swing low is at 5583.

• The trend is up and the termination level is at 5583.

• The targets (+/- 30) are 5770*, 5810, 5850.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5777 and swing low is at 5583.

• The trend is up and the termination level is at 5583.

• The targets (+/- 10) are 5740*, 5760*, 5780*.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Short term trend update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5723 and swing low is at 5583.

• The trend is down and the termination level is at 5723.

• The targets (+/- 30) are 5600*, 5550, 5500.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5698 and swing low is at 5583.

• The trend is up and the termination level is at 5583.

• The targets (+/- 10) are 5740, 5760, 5780.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Medium Term Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5723 and swing low is at 5634.

• The trend is down and the termination level is at 5723.

• The targets (+/- 30) are 5600*, 5550, 5500.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5698 and swing low is at 5642.

• The trend is down and the termination level is at 5698.

• The targets (+/- 10) are 5630*, 5600*, 5580*.



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.

Trend Update (26-12-2012)

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5723 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5719 and swing low is at 5681.

• The trend is down and the termination level is at 5719.

• The targets (+/- 10) are 5630, 5600, 5580.

Swing Update (22-10-12)

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5815 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5723 and swing low is at 5658.

• The trend is up and the termination level is at 5658.

• The targets (+/- 10) are 5735, 5750, 5770.

Trend Update (20-10-2012)

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5815 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5723 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

• The targets (+/- 10) are 5735, 5750, 5770.



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.

Swing Update (17-12-2012)

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5815 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5714 and swing low is at 5634.

• The trend is down and the termination level is at 5714.

• The targets (+/- 10) are 5630*, 5610, 5590.

Swing Update (14-12-2012)

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5815 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5725 and swing low is at 5637.

• The trend is down and the termination level is at 5725.

• The targets (+/- 10) are 5630*, 5610, 5590.

Trend Update - Oct 11

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5729 and swing low is at 5666.

• The trend is down and the termination level is at 5729.

• The targets (+/- 10) are 5630, 5610, 5590.



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.

Swing Update - Oct 9

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5815 and swing low is at 5666.

• The trend is up and the termination level is at 5666.

• The targets (+/- 10) are 5730*, 5750*, 5770*.

Trend Update - Oct 1

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5703 and swing low is at 5639.

• The trend is up and the termination level is at 5639.

• The targets (+/- 10) are 5730*, 5750, 5770.

Trend Update(Sept 27)

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5703 and swing low is at 5652.

• The trend is down and the termination level is at 5703.

• The targets (+/- 10) are 5630*, 5610, 5590.

Short term Swing Update (Sept 26)

SHORT TERM----- (As per daily charts) ----


• Last swing high is at 5720 and swing low is at 5652.

• The trend is up and the termination level is at 5652.

• The revised targets (+/- 10) are 5690*, 5730, 5770.

Swing Update - Sept 24

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5720 and swing low is at 5535.

• The trend is up and the termination level is at 5535.

• The revised targets (+/- 10) are 5690*, 5730, 5770.

Swing Update - Sept 14

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5296 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The targets (+/- 10) are 5330*, 5360*, 5390*.

Trend Update - Sept 7

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 30) are 5380*, 5420*, 5460*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5296 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The targets (+/- 10) are 5330*, 5360, 5390.

Swing Update - August 31

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 30) are 5380*, 5420*, 5460*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5343 and swing low is at 5255.

• The trend is down and the termination level is at 5343.

• The targets (+/- 10) are 5360*, 5340*, 5320*.



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.

Trend Update - August 26

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 30) are 5380*, 5420*, 5460*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5449 and swing low is at 5394.

• The trend is down and the termination level is at 5449.

• The targets (+/- 10) are 5360, 5340, 5320.

Swing Update-August 23

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 30) are 5380*, 5420*, 5460*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5433 and swing low is at 5394.

• The trend is up and the termination level is at 5394.

• The targets (Revised) (+/- 10) are 5270*, 5300*, 5330*.

SWING UPDATE-AUGUST 19

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 30) are 5380*, 5420*, 5460.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5391 and swing low is at 5342.

• The trend is up and the termination level is at 5342.

• The targets (Revised) (+/- 10) are 5270*, 5300*, 5330*.

Trend Update - August 13

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 30) are 5380*, 5420, 5460.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5378 and swing low is at 5294.

• The trend is up and the termination level is at 5294.

• The targets (Revised) (+/- 10) are 5270*, 5300*, 5330*.

Swing Update - August 6

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5349 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5032.

• The trend is down and the termination level is at 5349.

• The targets (+/- 30) are 5000, 4960, 4920.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5246 and swing low is at 5164.

• The trend is up and the termination level is at 5164.

• The targets (Revised) (+/- 10) are 5270*, 5300, 5330.



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.

Trend Update - July 31

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5042.

• The trend is down and the termination level is at 5349.

• The targets (+/- 30) are 5000, 4960, 4920.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5164 and swing low is at 5032.

• The trend is up and the termination level is at 5032.


• The targets (+/- 10) are 5190*, 5220, 5250.

Trend Update - July 30

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5042.

• The trend is down and the termination level is at 5349.

• The targets (+/- 30) are 5000, 4960, 4920.


SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5164 and swing low is at 5032.

• The trend is down and the termination level is at 5164.

• The targets (+/- 10) are 5230*, 5200*, 5170*.

Swing update - July 22

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5349 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5258 and swing low is at 5169.

• The trend is down and the termination level is at 5258.

• The targets (+/- 10) are 5230*, 5200*, 5170*.

Trend Update - July 13

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5349 and swing low is at 5258.

• The trend is down and the termination level is at 5349.


• The targets (+/- 10) are 5230, 5200, 5170.

Trend Update - July 11

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5334 and swing low is at 5258.

• The trend is up and the termination level is at 5258.


• The targets (+/- 10) are 5360, 5390, 5420.

Trend Update - July 10

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5334 and swing low is at 5263.

• The trend is down and the termination level is at 5334.

• The targets (+/- 10) are 5240, 5220, 5200.

Swing Update - July 3

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5302 and swing low is at 5263.

• The trend is up and the termination level is at 5263.

• The targets (+/- 10) are (revised) 5240*, 5280*, 5320*.

Trend and Swing Update - July 1

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5190 and swing low is at 5042.


• The trend is up and the termination level is at 5042.


• The targets (+/- 30) are 5260*, 5330, 5400.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5195 and swing low is at 5096.


• The trend is up and the termination level is at 5096.


• The targets (+/- 10) are (revised) 5240*, 5280*, 5320.



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.

Swing update-May 24

LONG TERM----- (As per monthly charts) ----

·       Last swing high is at 5630 and swing low is at 4532.

·       The trend is up and the termination level is at 4532.

·       The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

·       Last swing high is at 5342 and swing low is at 5184.

·       The trend is down and the termination level is at 5342.

·       The targets (+/- 30) are 5130*, 5080*, 5030*.

SHORT TERM----- (As per daily charts) ----

·       Last swing high is at 4956 and swing low is at 4804.

·       The trend is up and the termination level is at 4804.

The targets (+/- 10) are 4960*, 5000, 5040

Trend Update - may 22

LONG TERM----- (As per monthly charts) ----

• Last swing high is at 5630 and swing low is at 4532.

• The trend is up and the termination level is at 4532.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5342 and swing low is at 5184.

• The trend is down and the termination level is at 5342.

• The targets (+/- 30) are 5130*, 5080*, 5030*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 4922 and swing low is at 4789.

• The trend is up and the termination level is at 4789.


• The targets (+/- 10) are 4960, 5000, 5040.

Swing Update-May 20

LONG TERM----- (As per monthly charts) ----


Last swing high is at 5630 and swing low is at 4532.

• The trend is up and the termination level is at 4532.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5342 and swing low is at 5184.

• The trend is down and the termination level is at 5342.

• The targets (+/- 30) are 5130*, 5080*, 5030*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 4922 and swing low is at 4789.


• The trend is down and the termination level is at 4922.

Trend Update-April 30

LONG TERM----- (As per monthly charts) ----

Last swing high is at 5630 and swing low is at 4532.

·       The trend is up and the termination level is at 4532.

·       The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

·       Last swing high is at 5342 and swing low is at 5184.

·       The trend is down and the termination level is at 5342.

·       The targets (+/- 30) are 5130, 5080, 5030.

SHORT TERM----- (As per daily charts) ----

·       Last swing high is at 5236 and swing low is at 5154.

·       The trend is up and the termination level is at 5154.

·       The targets (+/- 10) are 5270* 5290, 5310.

SWING UPDATE-APRIL 26

LONG TERM----- (As per monthly charts) ----

·       Last swing high is at 5630 and swing low is at 4532.

·       The trend is up and the termination level is at 4532.

·       The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

·       Last swing high is at 5342 and swing low is at 5184.

·       The trend is down and the termination level is at 5342.

·       The targets (+/- 30) are 5130, 5080, 5030.

SHORT TERM----- (As per daily charts) ----

·       Last swing high is at 5236 and swing low is at 5180.

·       The trend is down and the termination level is at 5236.

The targets (+/- 10) are 5140, 5100, 5060.