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 5777 and swing low is at 5583.

• The trend is down and the termination level is at 5777.

• The targets (+/- 30) are 5540*, 5500, 5460.

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

• Last swing high is at 5777 and swing low is at 5548.

• The trend is down and the termination level is at 5777.

• The targets (+/- 10) are 5550*, 5520, 5490.