Tuesday, January 31, 2012

Swing Update - Jan 31

LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4532.
· 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 4588.
· The trend is up and the termination level is at 4588.
· The targets (Revised) are 5100, 5180, 5230.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5217 and swing low is at 5077.
· The trend is up and the termination level is at 5077.
· The targets (Revised) are 5010, 5040, 5080.

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.

Tuesday, January 24, 2012

SWING UPDATE-JAN 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 4801 and swing low is at 4588.
· The trend is up and the termination level is at 4588.
· The targets (Revised) are 5100, 5180, 5230.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 5064 and swing low is at 5021.
· The trend is up and the termination level is at 5021.
· The targets(Revised) are 5010, 5040, 5080.

Thursday, January 19, 2012

Swing Update ( Jan 19)

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 4588.
· The trend is up and the termination level is at 4588.
· The targets are 4860, 4920, 4980.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4981 and swing low is at 4931.
· The trend is up and the termination level is at 4931.
· The targets(Revised) are 5010, 5040, 5080.

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.

Sunday, January 15, 2012

Swing Update ( Jan 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 4801 and swing low is at 4588.
· The trend is up and the termination level is at 4588.
· The targets are 4860, 4920, 4980.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4877 and swing low is at 4804.
· The trend is up and the termination level is at 4804.
· The targets are 4810, 4840, 4870.

Tuesday, January 10, 2012

Trend Update (Jan 10)

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 4588.
· The trend is up and the termination level is at 4588.
· The targets are 4860, 4920, 4980.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4795 and swing low is at 4695.
· The trend is up and the termination level is at 4695.
· The targets are 4810, 4840, 4870.

Monday, January 9, 2012

TREND UPDATE (JAN 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 4801 and swing low is at 4588.
· The trend is down and the termination level is at 4801.
SHORT TERM----- (As per daily charts) ----
· Last swing high is at 4795 and swing low is at 4687.
· The trend is up and the termination level is at 4687.
· The targets are 4810, 4840, 4870.

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.

Friday, January 6, 2012

Swing Update ( Jan 6)

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 4783 and swing low is at 4729.
· The trend is down and the termination level is at 4783.
· The targets are 4650, 4625, 4600.