"I SHALL NOT FALL"

The NSE ASI Index is sending strong signals to Investing Public that the worst is over.

Market closed at around 12.35pm today, with mixed feelings as market rallied from a Bearish position back to a positive note up by 110.49 points.

Banking sector which was the most active in volume lost 0.68% closing down at 417.36. The drop is not a sign of weakness but in an accumulation stage for now gathering momentum for another rally.(SMART MONEY)

The Insurance sector today continued its upward rally completing a 100% fibonacci retracement of  210.56 points.

 

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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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