Friday, July 30, 2010

TREND WATCH -- JULY 30

TREND WATCH------
• Last swing high is at 5451. (Lower high)
• Last swing low is at 5381. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.

• In the short term,
--- Nifty is in down trend (from 28th July) with targets of 5370**, 5330, 5300.
---The down trend will terminate above 5451.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded between 5381 and 5416.
Swing low of 5381 formed now which is lower then previous swing low of 5407.

Thursday, July 29, 2010

TREND WATCH-JULY 29

TREND WATCH------

· Last swing high is at 5451. (Lower high)

· Last swing low is at 5407. (Higher low)


· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5353.


· In the short term,

--- Nifty is in down trend (from 28th July) with targets of 5370, 5330, 5300.

---The down trend will terminate above 5451.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded between 5386 and 5448.

· Swing high of 5451 formed now which is lower than previous swing high of 5477.

· Nifty traded and closed below swing low of 5407, so short term uptrend is now terminated and down trend begun.

Tuesday, July 27, 2010

TREND WATCH-JULY 28

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.


• In the short term,
--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.
---The up trend will terminate below 5407.


(Targets are +/- 20 points, ** means target achieved)

TREND WATCH--JULY 27

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5353.



· In the short term,

--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.

---The up trend will terminate below 5353.


(Targets are +/- 20 points, ** means target achieved)

Sunday, July 25, 2010

TREND WATCH-JULY 26



TREND WATCH------
• Last swing high is at 5416. (lower high)
• Last swing low is at 5353. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5353.
• In the short term,
--- Nifty is in up trend (from 23rd July) with targets of 5475**, 5510, 5610.
---The up trend will terminate below 5353.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5435 and 5477.
• Nifty traded above previous swing high of 5453, so in short term Nifty is now in up trend.

Thursday, July 22, 2010

TREND WATCH-JULY 23

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5353. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty was in down trend (from 20th July) which is now terminated.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in big range of 75 points between 5372 and 5447. (Range expansion).

· Nifty traded and closed above swing high of 5416, so short term down trend is now terminated.

TREND WATCH--JULY 22

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5353. (Lower low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty is in down trend (from 20th July) with targets of 5330, 5300, 5260.

---The down trend will terminate above 5416.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in small range of 40 points between 5369 and 5409. (Range compression).

· Swing low of 5353 formed now which is lower than previous swing low of 5360.

· ‘Inside day’ formed today as today’s high-low were between high-low of yesterday.

Wednesday, July 21, 2010

TREND WATCH-JULY 21

TREND WATCH------

· Last swing high is at 5416. (lower high)

· Last swing low is at 5360. (Higher low)

· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5233.

· In the short term,

--- Nifty is in down trend (from 20th July) with targets of 5330, 5300, 5260.

---The down trend will terminate above 5416.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in big range of 63 points between 5353 and 5416. (Range expansion).

· Swing high of 5416 formed again which is lower than previous swing high of 5453.

· Nifty traded below 5360, so short term uptrend is now terminated and nifty is in down trend.

Sunday, July 18, 2010

TREND WATCH -- JULY 19


TREND WATCH------
· Last swing high is at 5453. (Higher high)
· Last swing low is at 5360. (Higher low)

· In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.
---The up trend will terminate below 5233.

· In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)
---The up trend will terminate below 5360. (Below 5360, Nifty will be in short term downtrend with targets of 5330, 5300, 5260.)
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in very small range of 27 points between 5374 and 5401. (Range compression).
· Swing low of 5360 formed now which is higher than previous swing low of 5233.

Thursday, July 15, 2010

TREND WATCH --- JULY 15 & 16

TREND WATCH------

· Last swing high is at 5453. (Higher high)

· Last swing low is at 5233. (Higher low)


· In the medium term,

--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460**, 5550.

---The up trend will terminate below 5210.


· In the short term,

--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)

---The up trend will terminate below 5233.

(Targets are +/- 20 points, ** means target achieved)



IMP. NOTES----

· Nifty traded in big range of 81 points between 5372 and 5453. (Range expansion).

· Swing high of 5453 formed now which is higher then previous swing high of 5297.

· Long upper shadow formed today which is bearish.

Monday, July 12, 2010

TREND WATCH-JULY 13 & 14


TREND WATCH------
• Last swing high is at 5297. (Lower high)
• Last swing low is at 5233. (Higher low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets of 5400**, 5460, 5550.
---The up trend will terminate below 5210.

• In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400**. (All targets achieved)
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded in small range of 53 points between 5352 and 5402. (Range compression).
• All targets for short term up trend achieved now.
• Nifty traded and closed above 5367, so Nifty is now in medium term uptrend also.

TREND WATCH-JULY 12


TREND WATCH------
• Last swing high is at 5297. (Lower high)
• Last swing low is at 5233. (Higher low)

• In the medium term,
--- Nifty was in corrective down move (From 29th June) which is now terminated.
--- Above 5367, Nifty will be in medium term uptrend with targets of 5400, 5460, 5550.

• In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370**, 5400.
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded in small range of 62 points between 5297 and 5359. (Range compression).
• Nifty traded above 5339, so medium term down move is now terminated.

Friday, July 9, 2010

TREND WATCH-JULY 9

TREND WATCH------
· Last swing high is at 5297. (Lower high)
· Last swing low is at 5233. (Higher low)

· In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.
--- The down move will ‘terminate’ above 5339.

· In the short term,
--- Nifty is in up trend (from 8th July) with targets of 5330**, 5370, 5400.
---The up trend will terminate below 5233.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 78 points between 5242 and 5320. (Range expansion).
· Swing low of 5233 formed now which is higher than previous swing low of 5225.
· Nifty traded above swing high of 5297, so short term down trend is now terminated and in short term Nifty is now in up trend.

Thursday, July 8, 2010

TREND WATCH-JULY 8


TREND WATCH------

· Last swing high is at 5297. (Lower high)

· Last swing low is at 5225. (Higher low)

· In the medium term,

--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.

--- The down move will ‘terminate’ above 5339.

· In the short term,

--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.

---The down trend will terminate above 5297.

(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----

· Nifty traded in average range of 64 points between 5233 and 5297. (Range expansion).

· Swing high of 5397 formed now which is lower than previous swing high of 5320.

Tuesday, July 6, 2010

TREND WATCH-JULY 7

TREND WATCH------
• Last swing high is at 5320. (Lower high)
• Last swing low is at 5225. (Higher low)

• In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.
--- The down move will ‘terminate’ above 5367.

• In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.
---The down trend will terminate above 5320.
(Targets are +/- 20 points, ** means target achieved)


IMP. NOTES----
• Nifty traded in average range of 66 points between 5231 and 5297. (Range expansion).
• Swing low of 5225 formed now which is higher than previous swing low of 5210.

Friday, July 2, 2010

TREND WATCH-JULY 2 & 5 & 6

TREND WATCH------
· Last swing high is at 5320. (Lower high)
· Last swing low is at 5210. (Lower low)
· In the medium term,
--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.
--- The down move will ‘terminate’ above 5367.
· In the short term,
--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.
---The down trend will terminate above 5320.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
· Nifty traded in big range of 80 points between 5232 and 5312. (Range expansion).
· Swing high of 5320 formed now which is lower than previous swing high of 5339.

Thursday, July 1, 2010

TREND WATCH-JULY 1


TREND WATCH------

· Last swing high is at 5339. (Lower high)

· Last swing low is at 5210. (Lower low)

· In the medium term,

--- Nifty is in corrective down move (From 29th June) with targets of 5210**, 5170, 5130.

--- The down move will ‘terminate’ above 5367.

· In the short term,

--- Nifty is in down trend (from 25th June) with targets of 5260**, 5230**, 5200**.

---The down trend will terminate above 5339.

(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----

· Nifty traded in big range of 110 points between 5210 and 5320. (Range expansion).

· Swing low of 5210 formed now which is lower than previous swing low of 5260.

· All targets for short term down trend achieved now.