Again a goof up about the targets. And the markets flow down rapidly as if the Hudson river water is throwing itself over the Nigara Falls.
But one difference though. The Oct futures, that were all along at a premium, throughout the fall for last six months or more, changed to a discount over spot Nifty.
This is an indication of the Blood on the Streets. The bottom is NOT far off now, and we do NOT need to speculate about it any more.
Once again the sign, that the Diwali and days thereafter are about to bring in the Hopes back in the minds of Investors-Traders, as the market appears to be getting ready for a 'U' turn.
Cheers! Good Luck!
SS
But one difference though. The Oct futures, that were all along at a premium, throughout the fall for last six months or more, changed to a discount over spot Nifty.
This is an indication of the Blood on the Streets. The bottom is NOT far off now, and we do NOT need to speculate about it any more.
Once again the sign, that the Diwali and days thereafter are about to bring in the Hopes back in the minds of Investors-Traders, as the market appears to be getting ready for a 'U' turn.
Cheers! Good Luck!
SS