ASI - 32 points away for the BEARS to shred the BULLS to pieces

ASI is not helping the bulls at all. Another 32 point drop will bring the bears back to hammer the market down towards the support levels of 5900 and 5800. In this environment the traders can not do much. But the value pickers will be having a gala time. The Market and many stocks are offering them bargains every day. Unfortunately the LOCAL INSTITUTIONAL FUNDS are not to be seen. As I mentioned in another post the valuations are very attractive for the funds to start accumulating. The best way is not to pick large volumes from single parties. Instead you can keep collecting through all Broking Houses, at  the present prices and within a range which will be fair for the Funds and also to the Contributors of those funds. In the past buying from a few parties and broking companies had dismal and disastrous repercussions for all connected. Some of these colossal damages can not be corrected. The culprits, even if they are identified weren't brought to book. But the present environment is very promising for these funds to accumulate by using all Broking Houses on equal grounds. This would avoid the possibilities of front running the Funds as well.

If 6042 is not supported, only a little could be expected for the market to head higher to test the resistance levels.