Showing posts with label end of correction. Show all posts
Showing posts with label end of correction. Show all posts

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%.