The Fall Facts!

By sreebhashyam
It was never, it is ok, it is small, it is an opportunity, it will bounce back!

When regulators are worried, they throw the sample and research time and again to show the speculation in underlying.

Mutual funds indirectly tell but cannot refuse your money. If you cannot digest you only vomit, it is part of the natural re-building process, are we in for one such times.

Global moves are tanking in the metal space, surprisingly even the precious metals.

SEBI report on the intra-day trading throws interesting patterns, the majority lose money, the old and women are better half.

The average loses have come down, purely because last two years is buyers' market and these intra-days usually buy first and sell next. Some so called BTST.

Suffice to see these extending to the Tier III more than anywhere else, and more so the average ticket size number of investors and their trades increasing, clearly there is some where something is promised or expected a overnight riches story.

There is nothing much to write, the markets are writ large, budget is still fumed, though one can say as many as 86 amendments are made simplified, focus on jobs growth etc., but that market would consider some other day than now.

Continue the shorts, the numerical 1 2 3 are the targets.

The channel the smallest one is already broken, the regression channel midline is one target, while the horizontal green line is the 38.2% of the retracement from the post exit poll low.

The second horizontal line is the 50% retracement and that is the ideal target to look for.



Technical IndicatorsTrend AnalysisWave Analysis
sreebhashyam
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle

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