Bank Nifty
As expected yesterday Bank Nifty has continued down trend and reached another support level 12100. Traders who are holding short should book profit and wait for clear direction.
Lead
As per our trend indicator Lead has started downtrend. We have initiated short at Rs.123.70 and expecting a target of Rs.116.50-113.50.
Disclaimer : Charts presented here are not for
recommendation or to advice . They are for educational purpose. More details
such as stop loss , target are shared with subscribers.
Nifty medium term trend
| Trend | DOWN |
| Initiation Date | 23-05-13 |
| Initiated at | 5967 |
| Low since change | 5857 |
Thought for the day
No man needs sympathy because he has to work, because he has a burden to
carry. Far and away the best prize that life offers is the chance to
work hard at work worth doing .
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