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PANIC SELLINGThe NSE ASI ditched by a huge 271.24 points in a single day as investors hit the panic button today. This is a classic panic sell-off made up of a large percentage downwards move in a single day, as stocks hits NEW LOWS. This is a classic panic sell-off made up of a large percentage downwards move in a single day, large volume surge, all of the NSE ASI components going down, as investors rush for quality stocks. I was wondering what might be the catalyst for such a pullback .....
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This commentary is not
a recommendation to buy or sell, but rather a guideline to
interpreting the specified indicators. This information should only
be used by investors who are aware of the risk inherent in
securities trading. TRW accepts no liability whatsoever for any loss arising from any use of this expert or its contents. |
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