Many a time I've been mentioning that the ASI could retrace from 6400 points to 6250 points. But given the market behaviour since 2014 I also did not expect major retracements within a trend. This time too it only paused in and around 6400 points and now will head northwards to test 6500 points.100 DMA is at 6430, but I'm not sure whether that will stop the trend. One major area is around 6579 points, which is the 100% extension of the fall from 6400 area to 5800 points. This is given in the Chart below. I expect the market to test that in the short term.
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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Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
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ASI closed at 6228. Yesterday it was 6229. ALMOST UNCHANGED. Intra-day it hit a high of 6244, and a low of 6225 points. The close of the day...
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As a gesture to honour a client Mr. R.T., I post an image shared by him regarding the ASI. The primary reason to do so is that, He is a k...
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