Nifty
Nifty has sustained above 5970 for two consecutive days. Next expected target is 6100. Some traders are buying put based on anticipation of profit booking , weakening of rupee and other reasons. Let us agree to the fact that market can remain irrational for more than expected time. Trade based on your trading method and most important thing is you should know what you are doing and why you are doing??
IDFC
IDFC has breached channel resistance. Continuation of trend is likely to happen.
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 | UP |
| Initiation Date | 01-07-13 |
| Initiated at | 5898 |
| High since change | 6038 |
Thought for the day
You will never be happy if you continue to search for what happiness consists of.
You will never live if you are looking for the meaning of life.
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