TREND WATCH-MARCH 30

· Last swing low is at 5187. (Higher low)


· In the medium term,

--- Nifty is again in up trend (from 29th March.) with targets of 5450, 5550, 5700.

--- The up trend will ‘terminate’ below 5101.


· In the short term,

--- Nifty is again in uptrend (from 26th March.) with targets of 5320**, 5380, 5420.

--- The up trend will ‘terminate’ below 5187.



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

TREND WATCH-MARCH 26

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5101.


· In the short term,

--- Nifty is again in uptrend (from 26th March.) with targets of 5320, 5380, 5420.

--- The up trend will ‘terminate’ below 5187.



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

TREND WATCH-MARCH 25

· Last swing low is at 5187. (Higher low)

· Last swing high is at 5270. (higher high)

· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5101.

· In the short term,

--- Nifty is again in uptrend (from 11th March.) with targets of 5180**, 5230**. (All targets achieved)

--- The up trend will ‘terminate’ below 5187.



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

TORTOISE RALLY SINCE 30 WEEKS

--Nifty is in tortoise rally since almost six months which looks more as consolidation then distribution.(Nifty is trading in 4500-5300 band since more then 30 weeks).
--MACD is converging and is ready to give buy signal.
--RSI has just broken the downward trendline.

TREND WATCH-MARCH 18

• Last swing low is at 5101. (Higher low)

• In the medium term,
--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)
--- The up trend will ‘terminate’ below 5049.

• In the short term,
--- Nifty is again in uptrend (from 11th March.) with targets of 5180**, 5230**. (All targets achieved)
--- The up trend will ‘terminate’ below 5101.

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


NOTE-
our all targets for short and medium term achieved.
cheers.

TREND WATCH-MARCH 17

· Last swing low is at 5101. (Higher low)

· In the medium term,

--- Nifty is in up trend (from 26^th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5049.

· In the short term,

--- Nifty is again in uptrend (from 11^th March.) with targets of 5180**, 5230.

--- The up trend will ‘terminate’ below 5101.

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

TREND WATCH-MARCH 12·

· Last swing low is at 5092. (Higher low)


· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 5049.


· In the short term,

--- Nifty is again in uptrend (from 11th March.) with targets of 5180, 5230.

--- The up trend will ‘terminate’ below 5092.



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

TREND WATCH-MARCH 11

· Last swing low is at 5092. (Higher low)

· Last swing high is at 5147. (Higher high)


· In the medium term,

--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070**, 5150**. (All targets achieved)

--- The up trend will ‘terminate’ below 4834.


· In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.

--- The up trend will ‘terminate’ below 5092.



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