Friday, September 7, 2012

Trend Update - Sept 7

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 5032.

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

• The targets (+/- 30) are 5380*, 5420*, 5460*.

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.