7 days tumble made 384.72 points crumble, leaving all and sundry in a jumble which only a selected few could mumble. Ironically on the 12th of January 2015, exactly 1 year ago, the market started to fall till the 31st of March, during this period the index fell 910 points, an 11.86% drop. 2nd fall started 2 days after the General Elections, on the 19th of August 2015, since then to date the market has come down a precipice by 1003.89 points, or 13.33%. RSI too is 2 points away from the 52 week low of 15.05, which was on the 30.03.2015. At present the RSI is at 17.32. Based on this scenario I believe the market to close above today's close, on the morrow. Let me repeat- Tomorrow's close to be higher than Today's. That doesn't mean...... that all is well.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
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