Follow by Email

Saturday, June 13, 2015

Correction in Indian equities near its end

Nifty is near its bottom. Long term investors may re-enter.

Exit alert was mentioned on 23rd March (http://trikaaltrading.blogspot.in/2015/03/alert-dangers-ahead.html), mentioning to exit on a rise. On 23rd, Nifty had closed at 8550 and after a decline again rose to near 8800 in a month offering enough time to exit.
Last close of Nifty was 7982.9, almost 600 points correction or nearly 7%.

No comments :