Swing 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 5965 and swing low is at 5823.

• The trend is up and the termination level is at 5823.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

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

• Last swing high is at 5931 and swing low is at 5865.

• The trend is up (from Dec 18) and the termination level is at 5865.

• The targets (+/- 10) are 5940*, 5970, 6000.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

SHORT TERM SWING 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 5965 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

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

• Last swing high is at 5886 and swing low is at 5839.

• The trend is down and the termination level is at 5886.

• The targets (+/- 10) are 5860*, 5840*, 5820.

Short 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 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

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

• Last swing high is at 5965 and swing low is at 5888.

• The trend is down and the termination level is at 5965.

• The targets (+/- 10) are 5860*, 5840, 5820.

Short Term Swing 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 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980.

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

• Last swing high is at 5950 and swing low is at 5888.

• The trend is up and the termination level is at 5888.

• The targets (+/- 10) are 5940*, 5960, 5980.

Short term Swing 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 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980.

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

• Last swing high is at 5918 and swing low is at 5839.

• The trend is up and the termination level is at 5839.

• The targets (+/- 10) are 5940*, 5960, 5980.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.

Short 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 5777 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980.

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

• Last swing high is at 5899 and swing low is at 5855.

• The trend is up and the termination level is at 5855.

• The targets (+/- 10) are 5670*, 5690*, 5710*.



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.

• Targets are as per fibo levels between various swings.

• * suggest target is achieved.