Swing Update - May 9

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


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

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

• 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 6085 and swing low is at 5928.

• The trend is up and the termination level is at 5928.

• The (revised) targets (+/- 10) are 5950*, 5980*, 6010*.