NSEI has slight upside left

4 January 2009

In the big picture, it is too soon to say that we have been freed by the bears. So use the current rally to get out of any longs near 3230. Either from 3230 or from 3275 I expect another wave of selling to take place in the NSEI. Here is your chart. Good luck!

nsei-4jan09

If you'd like to see how I work through Indian markets in real depth, I cover this in Module 9, Module 10, Module 17 and Module 18 of my course, built around real Indian stock case studies.


← Back to Home