TCS
So far TCS was forming lower top but now it has breached trend line resistance. Minor resistance is at Rs.1500 but traders should look to buy TCS for medium term.
Lead
Lead had formed inverted head and shoulder pattern and in yesterday's trading session it has breached this formation. Lead should be bought on every dip.
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 | 18-04-13 |
| Initiated at | 5783 |
| High since change | 5229 |
Thought for the day
As you simplify your life,the laws of the universe will be simpler; solitude will not be solitude, poverty will not be poverty, nor weakness weakness.
