Monday, December 5, 2016

ASI recovered.........

So the last post with a chart shared with me by Mr. R.T. did benefit those who followed the short term market direction. At present the ASI is heading towards 6400 points, closing at 6370 points today.
An increase of 138 points in a matter of 3 days is beyond the recent past average movement. Although it is bullish, the risk has become high for the traders. Present trend suggest an up move above 6400 but breaking out with pullbacks need to be aware of.


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