LT daily chart
LT has formed a triangle formation in daily chart. Breakout from this pattern is required for continuation of down trend. Till then positional trader who use break out strategy should wait and watch.
Nifty medium term trend
| Trend | DOWN |
| Initiation Date | 26-02-13 |
| Initiated at | 5761 |
| Low since change | 5534 |
| Reversal if closes above | 5780 |
Thought for the day
Stand up be bold , be strong , take the whole responsibility on your shoulder and know that you are the creater of your destiny . All the strength you want is within yourself. Therefore make your own future - Swami Vivekananda
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