OVERSOLD REGION, NSE ASI PULLS BACK 

The NSE ASI closed down by 53.38 points, the NSE 30 closed down by 4.53 points and the NSE BANKING closed down by 0.13 points. Of course, one negative day doesn't say much but such a significant negative day occurring at such a bottom does make it a lot more dangerous than "just a negative day".

 


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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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