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 6112 and swing low is at 5941.

• The trend is down and the termination level is at 6112.

• The targets (+/- 30) are 5880*, 5820, 5760.

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

• Last swing high is at 5991 and swing low is at 5947.

• The trend is down and the termination level is at 5991.

• The targets (+/- 10) are 6020*, 5980*, 5960*.