BEARISH NSE ASI

The NSE ASI started a New huge Fall, continuing its bearish trend down by 281.59 points in a single day.

Currently Index YTD indices is currently at 7.59% from 34% in April. If this current trend continues the NSE ASI will likely close in a negative zone at the end of the year.

On the technical front, bearish momentum continues to rise and heading towards the 22,000 range.

So, what does chartists do at this point in time?

     
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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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