Tuesday, May 5, 2015

EOD Swing Update (5-5-2015)

DAILY  SWING UPDATE FOR NIFTY----

Ø  Last swing high is at 8356(HH) and last swing low is at 8145(LL)...

Ø  Nifty is in up move with targets of 8360, 8400, 8440.

Ø  Termination level is at 8145.

SPECIAL NOTES----
·        New Lower Swing Low of 8145 formed.
·        New Higher Swing High of 8356 formed today.

DAILY  SWING UPDATE FOR BANK NIFTY----

Ø  Last swing high is at 18586(HH) and last swing low is at 17739(LL)...

Ø  Bank Nifty is in up move with targets of 18600, 18700, 18800.

Ø  Termination level is at 17739.

SPECIAL NOTES----

·        New Higher Swing High of 18586 formed today.