Monday, December 10, 2012

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.