ANOTHER SIDEWAYS DAY

Bearish rallies from August seems to be robbing off September rally. 2nd day of new month saw another sideways rally down by 43.87 points.

The NSE ASI started off on an extremely weak note today and later built up momentum up by 0.08% as investors accumulate into the intermediate term support level. However, the enthusiasm died off late in the afternoon as more sellers appeared before close of market, bringing us all back to reality.


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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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