Nifty Daily Chart
Nifty has breached trend line support at 5620 and closed at 5542 . Now next target is 5480 . Present market situation is not favorable . Depreciating rupee is a major negative factor for fall in market . Wait for some time before considering bottom fishing.
Copper
Copper has breached and sustained resistance at Rs.427 . We have executed long at Rs.431.
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 | 30-07-13 |
| Initiated at | 5755 |
| Low since change | 5521 |
Thought for the day
You gain strength, courage and confidence by every experience in which you really stop to look fear in the face. You must do the thing you think you cannot do.
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