This is a Forum where I ONLY WANT to help people understand the markets better and make back their losses. i know what it means to be in losses of a few crores as I was once, when I knew Nothing of the Markets myself. I do not wish to be Congratulated nor do I need to Be ONE UP on Anyone else.... so please Ladies and Gentleman, let us put our Minds and thoughts together to Conquer the Market.
1. Todays fall was based on 2 aspects primarily..... A)... The Moon Cycle.... B) The overbought position of the RSI on AN HOURLY and Below basis..... that should tell you all that the fall is Temporary in Nature, and NOT A CONCLUSIVE ONE. The Market was Heated, and that is ALL...... The TREND STAYS INTACT@ UPWARDS of 26200-26800+ on Bank Nigty and 12000-12400 on Nifty spot