Swing 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 5971 and swing low is at 5605.

• The trend is down and the termination level is at 5971.

• The (revised) targets (+/- 30) are 5600*, 5540, 5480.

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

• Last swing high is at 5755 and swing low is at 5605.

• The trend is down and the termination level is at 5755.

• The targets (+/- 10) are 5740*, 5690*, 5640*.