Wednesday, January 30, 2013

Short Term Swing Update ( Jan 30)

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 6042 and swing low is at 5941.

• The trend is up and the termination level is at 5941.

• The targets (+/- 30) are 6000*, 6040*, 6080*.

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

Last swing high is at 6112 and swing low is at 6042.

• The trend is up and the termination level is at 6042.

• The targets (+/- 10) are 6090*, 6110*, 6130.