Bro!! you have gathered all the knowledge you need, no need of any doctorate or degree which is not worth the paper it is printed on most of the time!! If you still want one, its never too late. So enjoy!
Looks like Bn is headed to the gap between 300-400. A quick round of downmove followed by a resumption of the trend maybe ? 22500 and 9370 are being held sacred by the longs. Nothing like a quick move below both those zones to change the overall sentiment to bearish.
Session one of the week..a day of surrender it was. Last weeks low is at 22640 possibility of apple falling on newton's head is more.
Looks like bears have put up good score on board.. bulls will have hard time this week to negate what is forming on the weekly chart or even worse catching the falling knife
Not to forget there are batsman in bulls camp who play T20 innings even in a test match
Taking the example of Dmart, buying in lots as it is going down, supposing first lot buy at 750, wouldn't it be averaging down? Under what conditions should averaging down be considered?, coz as a rule its advised against.
Would also request to look at it taking the example of BajajFinserv, that has corrected more than 15% from top.
I found a lot of buzz here in this thread for DMart. But I have some apprehensions about it, and I hope that members are using their wisdom.
My view only, and I may be totally wrong