Nifty
Nifty had closed below 5970 before 3 trading sessions indicating a possibility of short term down trend. But now it is heading towards 6100 which is previous peak. Will 6100 will be the peak ?? Lets see !
M&M
M&M has formed a possible double top formation. As per trend indicators M&M will enter down trend if it closes below Rs.924.
Nifty medium term trend
| Trend | UP |
| Initiation Date | 18-04-13 |
| Initiated at | 5783 |
| High since change | 6083 |
| Reversal if closes below | 5785 |
Thought for the day
Success is a ladder you cannot climb with your hands in your pockets.
No comments:
Post a Comment