Tuesday, August 31, 2010

Trend Watch-Sept 1



TREND WATCH------
• Last swing high is at 5469. (Lower high)
• Last swing low is at 5390. (Lower low)

• In the medium term,
--- Nifty is in corrective down move (From 31st August) with targets (+/-30 points) of 5280, 5210, 5150.
---The down move will terminate above 5550.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380**, 5350**. (All targets achieved)
---The down trend will terminate above 5469.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5349 and 5414.
• Swing high of 5469 formed now which is lower than previous swing high of 5495.
• All targets for short term down trend achieved today.
• Medium term uptrend is terminated today as Nifty traded below 5372.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘corrective down move’.

Monday, August 30, 2010

Trend Watch-August 31



TREND WATCH------
• Last swing high is at 5495. (Lower high)
• Last swing low is at 5390. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380, 5350.
---The down trend will terminate above 5495.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5390 and 5469.
• Swing low of 5390 formed now which is lower than previous swing low of 5452.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

Sunday, August 29, 2010

Trend Watch-August 30



TREND WATCH------
• Last swing high is at 5495. (Lower high)
• Last swing low is at 5452. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in down trend (from 27th August) with targets (+/-10 points) of 5420**, 5380, 5350.
---The down trend will terminate above 5495.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5392 and 5495.
• Swing high of 5495 formed now which is lower than previous swing high of 5550.
• All targets for corrective down move are achieved now.
• Nifty closed below swing low of 5452, so corrective down move is converted in to down trend.
• Please note that currently short term trend is ‘down’ and medium term trend is ‘up’.

Thursday, August 26, 2010

Trend Watch-August 27



TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5452. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.

• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480**, 5460**, 5440.
---The down move will terminate above 5550.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5454and 5478.
• Swing low of 5452 formed now which is lower than previous swing low of 5513.
• Please note that currently short term trend is ‘corrective down move’ and medium term trend is ‘up’.

Wednesday, August 25, 2010

Trend Watch-August 26




TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480**, 5460**, 5440.
---The down move will terminate above 5550.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5452 and 5506.
• Please note that currently short term trend is corrective down move and medium term trend is still up.

Tuesday, August 24, 2010

Trend Watch-August 25




TREND WATCH------
• Last swing high is at 5550. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in corrective down move (from 24th August) with targets (+/-10 points) of 5480, 5460, 5440.
---The down move will terminate above 5550.

(** means target achieved)


IMP. NOTES----
• Nifty traded between 5488 and 5547.
• Swing high of 5550 formed now which is higher than previous swing high of 5547.
• Short uptrend is now terminated as Nifty trade and closed below swing low of 5513.
• Please note that currently short term trend is corrective down move and medium term trend is still up.

Trend Watch-August 24

TREND WATCH------
• Last swing high is at 5547. (Higher high)
• Last swing low is at 5513. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560**. (All targets achieved)
---The up trend will terminate below 5513.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5519 and 5550.
• Swing low of 5513 formed now which is higher than previous swing low of 5408.
• Please note that currently short term trend is up and medium trend is also up.

Sunday, August 22, 2010

TREND WATCH--AUGUST 23

TREND WATCH------
• Last swing high is at 5547. (Higher high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5513 and 5547.
• Swing high of 5547 formed now which is higher than previous swing high of 5477.
• Please note that currently short term trend is up and medium trend is also up.

Thursday, August 19, 2010

TREND WATCH-AUGUST 20

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550**. (All targets achieved)
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500**, 5530**, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5478 and 5545.
• Nifty gave its best closing of last 30 months.
• All targets for medium term uptrend (given on 12th July) achieved now….

Wednesday, August 18, 2010

TREND WATCH-AUGUST 19

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5408. (Higher low)


• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5372.


• In the short term,
--- Nifty is in uptrend (from 18th August) with targets (+/-10 points) of 5500, 5530, 5560.
---The up trend will terminate below 5408.
(** means target achieved)


IMP. NOTES----
• Nifty traded between 5416 and 5488.
• Swing low of 5408 formed now which is higher than previous swing low of 5372.
• Short term corrective down move is now terminated.
• Please note that short term trend is now up and medium term trend is already up.

Monday, August 16, 2010

TREND WATCH-AUGUST 17 & 18

TREND WATCH------
• Last swing high is at 5477. (Lower high)
• Last swing low is at 5372. (Lower low)

• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.

• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5477.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5397 and 5465.
• Swing high of 5477 formed now which is lower than previous swing high of 5492.

Sunday, August 15, 2010

TREND WATCH-AUGUST 16

TREND WATCH------
• Last swing high is at 5492. (Higher high)
• Last swing low is at 5372. (Lower low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5492.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5415 and 5476.
• Swing low of 5372 formed now which is lower than previous swing low of 5431.

Friday, August 13, 2010

Thursday, August 12, 2010

TREND WATCH--AUGUST 13



TREND WATCH------
• Last swing high is at 5492. (Higher high)
• Last swing low is at 5431. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in corrective down move (from 11th August) with targets (+/-10 points) of 5400**, 5380**, 5350.
---The down move will terminate above 5492.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5372 and 5431.

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG REGULARLY FOR NEXT FEW WEEKS.

Tuesday, August 10, 2010

TREND WATCH--AUGUST 10

TREND WATCH------
• Last swing high is at 5487. (Higher high)
• Last swing low is at 5431. (Higher low)
• In the medium term,
--- Nifty is in uptrend (From 12th July) with targets (+/-30 points) of 5400**, 5460**, 5550.
---The up trend will terminate below 5349.
• In the short term,
--- Nifty is in uptrend (from 9th August) with targets (+/-10 points) of 5500, 5520, 5560.
---The up move will terminate below 5431.
(** means target achieved)

IMP. NOTES----
• Nifty traded between 5433 and 5492.
• Higher swing low of 5431 formed now.
• Nifty is now in short term uptrend.

PLEASE NOTE THAT I WILL NOT BE ABLE TO UPDATE THE BLOG FOR NEXT FEW WEEKS.

Thursday, August 5, 2010

TREND WATCH--AUGUST 6 & 9

TREND WATCH------

· Last swing high is at 5487. (Higher high)

· Last swing low is at 5349. (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 5349.

· In the short term,

--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460**, 5480**.

---The up move will terminate below 5349.

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



IMP. NOTES----

· Nifty traded between 5428 and 5482.

· Swing high of 5487 formed now which is higher than previous swing high of 5416.

TREND WATCH--AUGUST 5

TREND WATCH------

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

· Last swing low is at 5349. (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 5349.

· In the short term,

--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460**, 5480**. (all targets achieved now)

---The up move will terminate below 5349.

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



IMP. NOTES----

· Nifty traded between 5428 and 5482.
. All targets for short term corrective upmove achieved now.

Monday, August 2, 2010

TREND WATCH-AUGUST 3 & 4

TREND WATCH------
• Last swing high is at 5416. (Lower high)
• Last swing low is at 5349. (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 5349.
• In the short term,
--- Nifty is in corrective up move (from 2nd August) with targets of 5430**, 5460, 5480.

---The up move will terminate below 5349.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5351 and 5439.
• Swing low of 5349 formed now which is lower then previous swing low of 5381.
• Nifty traded and closed above swing high of 5416, so short term down trend is now terminated.

TREND WATCH --AUG 2

TREND WATCH------
• Last swing high is at 5416. (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 5349.
• In the short term,
--- Nifty is in down trend (from 28th July) with targets of 5370**, 5330**, 5300.
---The down trend will terminate above 5416.
(Targets are +/- 20 points, ** means target achieved)

IMP. NOTES----
• Nifty traded between 5349 and 5413.
• Swing high of 5416 formed now which is lower then previous swing high of 5451.