ASI struggled till last Thursday the 21st instant. It reversed then and stayed above 6217. However the reversal is not very encouraging just yet. Until it is below 6217 points on closing basis, we need to wait. There are clear support areas below and Resistance levels above. Need to wait until the price line edge either way to confirm the direction. Until there is no trend direction change the index is bearish indeed. That is why it is important to see a close above 6217 to expect a confirmation of a reversal. That hasn't happened yet.
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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