Nifty
Nifty has made a spectacular rally . A rally which was not imagined. It has breached previous peak 6100 and closed at 6146. Short term trend reversal will be closing below 6030.
Tata Motors
Tata Motors has once again reached resistance at Rs.310. Breakout from Rs.310 might take Tata Motors to Rs.336 in short term. RSI is showing divergence.
Nifty medium term trend
| Trend | UP |
| Initiation Date | 18-04-13 |
| Initiated at | 5783 |
| High since change | 6157 |
| Reversal if closes below | 5870 |
Thought for the day
All tyranny needs to gain a foothold is for people of good conscience to remain silent.
