Axis Bank
Axis Bank was trading between Rs.1445-1516 from past one month. In today's trading session it has breached this support. It is likely to fall further.
Tata Motors
Similar to Axis Bank , Tata Motors has indicated break out but on upside. Rs.310 was very strong resistance level for Tata Motors and today this resistance is breached. We have long position in Tata Motors.
Nifty medium term trend
| Trend | DOWN |
| Initiation Date | 23-05-13 |
| Initiated at | 5967 |
| Low since change | 5936 |
