Medium Term Trend Update

LONG TERM----- (As per monthly 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 (+/- 50) are 5600*, 5750*, 5950.

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

• Last swing high is at 5723 and swing low is at 5634.

• The trend is down and the termination level is at 5723.

• The targets (+/- 30) are 5600*, 5550, 5500.

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

• Last swing high is at 5698 and swing low is at 5642.

• The trend is down and the termination level is at 5698.

• The targets (+/- 10) are 5630*, 5600*, 5580*.



Sp. Notes---

• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)

• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)

• Uptrend---forms when we have higher swing low and we trade above last swing high.

• Downtrend---forms when we have lower swing high and we trade below last swing low.

• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.

• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.

• All levels are as per Nifty spot only.

Trend Update (26-12-2012)

LONG TERM----- (As per monthly 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 (+/- 50) are 5600*, 5750*, 5950.

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

• Last swing high is at 5723 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

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

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

• Last swing high is at 5719 and swing low is at 5681.

• The trend is down and the termination level is at 5719.

• The targets (+/- 10) are 5630, 5600, 5580.

Swing Update (22-10-12)

LONG TERM----- (As per monthly 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 (+/- 50) are 5600*, 5750*, 5950.

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

• Last swing high is at 5815 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

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

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

• Last swing high is at 5723 and swing low is at 5658.

• The trend is up and the termination level is at 5658.

• The targets (+/- 10) are 5735, 5750, 5770.

Trend Update (20-10-2012)

LONG TERM----- (As per monthly 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 (+/- 50) are 5600*, 5750*, 5950.

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

• Last swing high is at 5815 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

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

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

• Last swing high is at 5723 and swing low is at 5634.

• The trend is up and the termination level is at 5634.

• The targets (+/- 10) are 5735, 5750, 5770.



Sp. Notes---

• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)

• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)

• Uptrend---forms when we have higher swing low and we trade above last swing high.

• Downtrend---forms when we have lower swing high and we trade below last swing low.

• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.

• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.

• All levels are as per Nifty spot only.

Swing Update (17-12-2012)

LONG TERM----- (As per monthly 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 (+/- 50) are 5600*, 5750*, 5950.

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

• Last swing high is at 5815 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 5714 and swing low is at 5634.

• The trend is down and the termination level is at 5714.

• The targets (+/- 10) are 5630*, 5610, 5590.

Swing Update (14-12-2012)

LONG TERM----- (As per monthly 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 (+/- 50) are 5600*, 5750*, 5950.

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

• Last swing high is at 5815 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 5725 and swing low is at 5637.

• The trend is down and the termination level is at 5725.

• The targets (+/- 10) are 5630*, 5610, 5590.

Trend Update - Oct 11

LONG TERM----- (As per monthly 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 (+/- 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 5729 and swing low is at 5666.

• The trend is down and the termination level is at 5729.

• The targets (+/- 10) are 5630, 5610, 5590.



Sp. Notes---

• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)

• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)

• Uptrend---forms when we have higher swing low and we trade above last swing high.

• Downtrend---forms when we have lower swing high and we trade below last swing low.

• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.

• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.

• All levels are as per Nifty spot only.

Swing Update - Oct 9

LONG TERM----- (As per monthly 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 (+/- 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 5815 and swing low is at 5666.

• The trend is up and the termination level is at 5666.

• The targets (+/- 10) are 5730*, 5750*, 5770*.

Trend Update - Oct 1

LONG TERM----- (As per monthly 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 (+/- 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 5703 and swing low is at 5639.

• The trend is up and the termination level is at 5639.

• The targets (+/- 10) are 5730*, 5750, 5770.