NSE ASI PULLSBACK

As expected after Friday's profit taking, the NSE ASI did not have the strength to stage a comeback today and gave back79.02 points to close at 25,782.61.
Trading volume/Turnover dropped as relative strength continues to weaken.

With the weakening technical's, Investors are playing the waiting game now, waiting for a better re-entry on a pullback while the bears are waiting to resume the primary bear trend.

Find good Entries with our TRW SUPPORT LEVELS.

 

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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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