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.