Yesterdays Market took an extraordinary turn as it went up over 80 points. Today's trend was not the one many expected, but showed a different perspective, as it took a considerable down trend in the morning hours, mainly amongst the Locally driven counters, but recovered even more strongly to close higher. The present trend could be checked at 6200 points, and if today's trend was a prelude to the future then we may see a breakout of that major resistance and move towards 6400 to 6500. Nonetheless the trend is more towards trading than investment due to highly confusing developments that took place during the last few months. Therefore Analysts will be closely watching the March Quarter performance to see how the Companies as well as the whole Market would fare.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
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Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
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