Thursday, May 7, 2015

EOD swing analysis (7-5-2015)

DAILY  SWING UPDATE FOR NIFTY----

Ø  Last swing high is at 8356(HH) and last swing low is at 8145(LL)...

Ø  Nifty is in down move with targets of 8120, 8080, 8040.

Ø  Termination level is at 8356.

SPECIAL NOTES----     
·        All targets of down move achieved.

DAILY  SWING UPDATE FOR BANK NIFTY----

Ø  Last swing high is at 18586(HH) and last swing low is at 17739(LL)...

Ø  Bank Nifty is in down move with targets of 17600, 17400, 17200.

Ø  Termination level is at 18586.

SPECIAL NOTES----     
·        Up move terminated today.