Nifty
In yesterday's trading session Nifty has closed below trend line support. Today even though it traded above the trend line in the last half an hour there was a sharp fall in Nifty. Nifty needs to sustain above 5750 to begin a intermediary up trend.
Ambuja Cement
Ambuja Cement is trading with in a channel formation from months. Now it has reached major resistance level.
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 | 5616 |
Thought for the day
When you spend time worrying, you’re simply using your imagination to create things you don’t want.
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