Trend Update (Feb 23)

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

·       Last swing high is at 5400 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 4801 and swing low is at 4588.

·       The trend is up and the termination level is at 4588.

·       The targets (Revised) (+/- 30) are 5100, 5180, 5230.

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

·       Last swing high is at 5630 and swing low is at 5484.

·       The trend is down and the termination level is at 5630.

·       The targets (+/- 10) are 5440, 5410, 5380.

Swing Update ( Feb 17)

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


• Last swing high is at 5400 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 4801 and swing low is at 4588.

• The trend is up and the termination level is at 4588.

• The targets (Revised) (+/- 30) are 5100, 5180, 5230.

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

• Last swing high is at 5542 and swing low is at 5484.

• The trend is up and the termination level is at 5484.

• The targets (Revised) (+/- 10) are 5570, 5610, 5640.

Swing Update - Feb 14

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


• Last swing high is at 5400 and swing low is at 4532.

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

• The targets are 5600, 5750, 5950.

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 5428 and swing low is at 5341.

• The trend is up and the termination level is at 5341.

• 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.

Swing Update - Feb 8

LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4532.
· The trend is up and the termination level is at 4532.
· The targets are 5600, 5750, 5950.
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 5413 and swing low is at 5323.
· The trend is up and the termination level is at 5323.
· 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.

Trend Update - Feb 7

LONG TERM----- (As per monthly charts) ----
· Last swing high is at 5400 and swing low is at 4532.
· The trend is up and the termination level is at 4532.
· The targets are 5600, 5750, 5950.
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.