Friday, September 14, 2012

Swing Update - Sept 14

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


• Last swing high is at 5349 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750, 5950.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5449 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The revised targets (+/- 30) are 5510*, 5570*, 5630.

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

• Last swing high is at 5296 and swing low is at 5216.

• The trend is up and the termination level is at 5216.

• The targets (+/- 10) are 5330*, 5360*, 5390*.