SHORT TERM SWING UPDATE

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


• Last swing high is at 5449 and swing low is at 5032.

• The trend is up and the termination level is at 5032.

• The targets (+/- 50) are 5600*, 5750*, 5950*.

MEDIUM TERM----- (As per weekly charts) ----

• Last swing high is at 5965 and swing low is at 5548.

• The trend is up and the termination level is at 5548.

• The targets (+/- 30) are 5860*, 5920*, 5980*.

SHORT TERM----- (As per daily charts) ----

• Last swing high is at 5886 and swing low is at 5839.

• The trend is down and the termination level is at 5886.

• The targets (+/- 10) are 5860*, 5840*, 5820.