NSE ASI ON SALES

Today's whipping on the index was large as the NSE ASI gapped down by 384.28 points closing at 26,400.62.

Amidst the current back drop weak financial scorecards continue to hit the market (WEMABANK & UACN ).

Trading activities today are not signs of Profit taking, but PANIC SELL-OFFS as Investors try to salvage what's left of their portfolio's.

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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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