Stability is the key word for Indian Stock Markets.
After so many years of Stability in India,
It seems now is time for Instablity !
-------------------------------------------------
Markets have voilated the 200 day Ema, For a reason.
We understand it today, Charts do not lie.
As Technical Analysis operates on one Principle:
If there has to be a reason to sell/Buy , it has to be reflected
in the Market via price and Volume.
Hence informed circles have sold, wiping out the possibilities
of a Bull Market continuation.
Elliot wave also concurred this point of view.
International Markets also have added to the downslide.
-------------------------------------------------------
What does this mean:
Are we looking at a Reversal of the Good times?
When there is a trend change, there is very high volatility
at top or the bottom.What we have seen in past few days
indicates this.
--------------------------------------------------------
Indians- if we all make the 2 Party system possible in India, We
can look forward to Stablity and no shocks, which are very much
required for us to protect our wealth and well being.
Otherwise, we all loose. India has to come first at all costs and
it is for us to make sure that India wins and only than we indians will win.
-----------------------------------------------------------------------
BJP & Congress should once again come together as in the past to
avoid any crisis to the Stock Markets.
Otherwise we will have to seriously consider a 61.8 % Correction:
7766
15800-2800= 13000 x 0.618= 8034 (15800-8034= 7766)
With this becoming a possibilty the Bull target of 17320 comes under a review and a Microscope.
----------------------------
We are on a Sliding Oily Slope, Upwards, Downwards or flat, our path is filled with oil and grease, Tread Carefully.
Cash is KING, Please leave your greed at home, Book profits at higher prices, Avoid new purchases,sales It is time to do NOTHING for some time.
-----------------------------------------------------------------------
I can review your protfolio free of cost if you send it to me by email(excel sheet preffered) at [email protected] and give you stratergies to avoid losses and give some STABILITY to your Wealth.
Regards/Max Makhija
After so many years of Stability in India,
It seems now is time for Instablity !
-------------------------------------------------
Markets have voilated the 200 day Ema, For a reason.
We understand it today, Charts do not lie.
As Technical Analysis operates on one Principle:
If there has to be a reason to sell/Buy , it has to be reflected
in the Market via price and Volume.
Hence informed circles have sold, wiping out the possibilities
of a Bull Market continuation.
Elliot wave also concurred this point of view.
International Markets also have added to the downslide.
-------------------------------------------------------
What does this mean:
Are we looking at a Reversal of the Good times?
When there is a trend change, there is very high volatility
at top or the bottom.What we have seen in past few days
indicates this.
--------------------------------------------------------
Indians- if we all make the 2 Party system possible in India, We
can look forward to Stablity and no shocks, which are very much
required for us to protect our wealth and well being.
Otherwise, we all loose. India has to come first at all costs and
it is for us to make sure that India wins and only than we indians will win.
-----------------------------------------------------------------------
BJP & Congress should once again come together as in the past to
avoid any crisis to the Stock Markets.
Otherwise we will have to seriously consider a 61.8 % Correction:
7766
15800-2800= 13000 x 0.618= 8034 (15800-8034= 7766)
With this becoming a possibilty the Bull target of 17320 comes under a review and a Microscope.
----------------------------
We are on a Sliding Oily Slope, Upwards, Downwards or flat, our path is filled with oil and grease, Tread Carefully.
Cash is KING, Please leave your greed at home, Book profits at higher prices, Avoid new purchases,sales It is time to do NOTHING for some time.
-----------------------------------------------------------------------
I can review your protfolio free of cost if you send it to me by email(excel sheet preffered) at [email protected] and give you stratergies to avoid losses and give some STABILITY to your Wealth.
Regards/Max Makhija