Trend Update - July 11

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


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

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

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

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

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

• Last swing high is at 5334 and swing low is at 5258.

• The trend is up and the termination level is at 5258.


• The targets (+/- 10) are 5360, 5390, 5420.

Trend Update - July 10

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


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

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

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

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

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

• Last swing high is at 5334 and swing low is at 5263.

• The trend is down and the termination level is at 5334.

• The targets (+/- 10) are 5240, 5220, 5200.

Swing Update - July 3

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


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

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

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

• Last swing high is at 5190 and swing low is at 5042.

• The trend is up and the termination level is at 5042.

• The targets (+/- 30) are 5260*, 5330*, 5400.

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

• Last swing high is at 5302 and swing low is at 5263.

• The trend is up and the termination level is at 5263.

• The targets (+/- 10) are (revised) 5240*, 5280*, 5320*.

Trend and Swing Update - July 1

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


• Last swing high is at 5630 and swing low is at 4770.

• The trend is up and the termination level is at 4770.

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

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

• Last swing high is at 5190 and swing low is at 5042.


• The trend is up and the termination level is at 5042.


• The targets (+/- 30) are 5260*, 5330, 5400.

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

• Last swing high is at 5195 and swing low is at 5096.


• The trend is up and the termination level is at 5096.


• The targets (+/- 10) are (revised) 5240*, 5280*, 5320.



Sp. Notes---

• Swing low----- occurs when Nifty closes in green. (Lowest low of last two days will be Swing low.)

• Swing high----- occurs when Nifty closes in red. (Highest high of last two days will be Swing high.)

• Uptrend---forms when we have higher swing low and we trade above last swing high.

• Downtrend---forms when we have lower swing high and we trade below last swing low.

• Corrective up move---forms when in downtrend we trade above last swing high without making higher swing low.

• Corrective down move---forms when in uptrend we trade below last swing low without making lower swing high.

• All levels are as per Nifty spot only.

Swing update-May 24

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

·       Last swing high is at 5630 and swing low is at 4532.

·       The trend is up and the termination level is at 4532.

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

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

·       Last swing high is at 5342 and swing low is at 5184.

·       The trend is down and the termination level is at 5342.

·       The targets (+/- 30) are 5130*, 5080*, 5030*.

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

·       Last swing high is at 4956 and swing low is at 4804.

·       The trend is up and the termination level is at 4804.

The targets (+/- 10) are 4960*, 5000, 5040

Trend Update - may 22

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

• Last swing high is at 5630 and swing low is at 4532.

• The trend is up and the termination level is at 4532.

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

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

• Last swing high is at 5342 and swing low is at 5184.

• The trend is down and the termination level is at 5342.

• The targets (+/- 30) are 5130*, 5080*, 5030*.

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

• Last swing high is at 4922 and swing low is at 4789.

• The trend is up and the termination level is at 4789.


• The targets (+/- 10) are 4960, 5000, 5040.

Swing Update-May 20

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


Last swing high is at 5630 and swing low is at 4532.

• The trend is up and the termination level is at 4532.

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

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

• Last swing high is at 5342 and swing low is at 5184.

• The trend is down and the termination level is at 5342.

• The targets (+/- 30) are 5130*, 5080*, 5030*.

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

• Last swing high is at 4922 and swing low is at 4789.


• The trend is down and the termination level is at 4922.

Trend Update-April 30

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

Last swing high is at 5630 and swing low is at 4532.

·       The trend is up and the termination level is at 4532.

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

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

·       Last swing high is at 5342 and swing low is at 5184.

·       The trend is down and the termination level is at 5342.

·       The targets (+/- 30) are 5130, 5080, 5030.

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

·       Last swing high is at 5236 and swing low is at 5154.

·       The trend is up and the termination level is at 5154.

·       The targets (+/- 10) are 5270* 5290, 5310.