Swing Update-August 23

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


• Last swing high is at 5349 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 5349 and swing low is at 5032.

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

• The targets (+/- 30) are 5380*, 5420*, 5460*.

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

• Last swing high is at 5433 and swing low is at 5394.

• The trend is up and the termination level is at 5394.

• The targets (Revised) (+/- 10) are 5270*, 5300*, 5330*.

SWING UPDATE-AUGUST 19

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


• Last swing high is at 5349 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 5349 and swing low is at 5032.

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

• The targets (+/- 30) are 5380*, 5420*, 5460.

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

• Last swing high is at 5391 and swing low is at 5342.

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

• The targets (Revised) (+/- 10) are 5270*, 5300*, 5330*.

Trend Update - August 13

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


• Last swing high is at 5349 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 5349 and swing low is at 5032.

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

• The targets (+/- 30) are 5380*, 5420, 5460.

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

• Last swing high is at 5378 and swing low is at 5294.

• The trend is up and the termination level is at 5294.

• The targets (Revised) (+/- 10) are 5270*, 5300*, 5330*.

Swing Update - August 6

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


• Last swing high is at 5349 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 5349 and swing low is at 5032.

• The trend is down and the termination level is at 5349.

• The targets (+/- 30) are 5000, 4960, 4920.

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

• Last swing high is at 5246 and swing low is at 5164.

• The trend is up and the termination level is at 5164.

• The targets (Revised) (+/- 10) are 5270*, 5300, 5330.



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.

Trend Update - July 31

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 5349 and swing low is at 5042.

• The trend is down and the termination level is at 5349.

• The targets (+/- 30) are 5000, 4960, 4920.

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

• Last swing high is at 5164 and swing low is at 5032.

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


• The targets (+/- 10) are 5190*, 5220, 5250.

Trend Update - July 30

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 5349 and swing low is at 5042.

• The trend is down and the termination level is at 5349.

• The targets (+/- 30) are 5000, 4960, 4920.


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

• Last swing high is at 5164 and swing low is at 5032.

• The trend is down and the termination level is at 5164.

• The targets (+/- 10) are 5230*, 5200*, 5170*.

Swing update - July 22

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 5349 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 5258 and swing low is at 5169.

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

• The targets (+/- 10) are 5230*, 5200*, 5170*.

Trend Update - July 13

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 5349 and swing low is at 5258.

• The trend is down and the termination level is at 5349.


• The targets (+/- 10) are 5230, 5200, 5170.