NSE ASI DISAPPOINTS...

The NSE ASI reversed today dropping 95.46 points as uncertainty builds up in major markets worldwide.

Scenario remains the same as decliners out-performing advancers with market heavy weights topping most traded, Gainers & Losers.

Technically, Index continues to make Lower Lows and indicators recording marginal Higher Lows (PARTLY BULLISH).

The 25,000 level remains critical and we need to see how the Bulls will manage this level tomorrow.

Market remains in a Short-Term bear Trend.

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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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