Tuesday, May 12, 2015

Swing update (12-5-2015)

DAILY  SWING UPDATE FOR NIFTY----

Ø  Last swing high is at 8333(LH) and last swing low is at 7997(LL)...

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

Ø  Termination level is at 8333.

SPECIAL NOTES----     
·        New Lower Swing High of 8333 formed today.

DAILY  SWING UPDATE FOR BANK NIFTY----

Ø  Last swing high is at 18241(LH) and last swing low is at 17247(LL)...

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

Ø  Termination level is at 18241.

SPECIAL NOTES----     
·        New Lower Swing High of 18241 formed today.