Friday, February 17, 2012

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.