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.