Market updates for 15/01/2013

Nifty daily chart

Nifty is moving around trend line resistance . If it closes above 6040 then we can expect decent amount of up trend. Lets see how it is going to unfold in coming days.

Corporate results on 15/01/2013

Axis Bank , Bajaj Fin Ser , Rel Ind Infra

Nifty medium term trend

 

Trend	UP
Initiation Date	29-11-12
Initiated at	5825
High since change	6041
Reversal if closes below	5800

Thought for the day

 

Any intelligent fool can make things bigger and more complex. It takes a touch of a genius and lot of courage to move in the opposite direction - Albert Einstein