Medium Term Trend Update

LONG TERM----- (As per monthly charts) ----


• Last swing high is at 6112 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 5755 and swing low is at 5477.

• The trend is up and the termination level is at 5477.

• The targets (+/- 30) are 5810*, 5860, 5920.

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

• Last swing high is at 5611 and swing low is at 5495.

• The trend is up and the termination level is at 5495.

• The targets (+/- 10) are 5650*, 5680*, 5710*.