Monday, April 23, 2012

Swing Update-April 23


·       Last swing high is at 5630 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 5379 and swing low is at 5184.
·       The trend is up and the termination level is at 5184.
·       The targets (+/- 30) are 5100*, 5180*, 5230*.
SHORT TERM----- (As per daily charts) ----
·       Last swing high is at 5342 and swing low is at 5184.
·       The trend is up and the termination level is at 5184.
·       The targets (+/- 10) are 5340*, 5370, 5400.