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.

4 comments:

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Tinku Thomas said...

i think New target of nifty is settled at 5240-5260 range on short/middle term basis.
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Sandy said...

Doc why don't you please include Bank Nifty levels as well?