Wednesday, April 25, 2012

SWING UPDATE-APRIL 26


·       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 5342 and swing low is at 5184.
·       The trend is down and the termination level is at 5342.
·       The targets (+/- 30) are 5130, 5080, 5030.
SHORT TERM----- (As per daily charts) ----
·       Last swing high is at 5236 and swing low is at 5180.
·       The trend is down and the termination level is at 5236.
The targets (+/- 10) are 5140, 5100, 5060.