This is the first time I have seen such a worst reversal signal spread around, in the recent times, after signaling a relief rally.
I looked into all indices of BSE and NSE and found that all of them indicated a massive reversal, except FMCG sector.
The Worst of the lot are BSE IT, BSE PSU, Metal, Reality and Technology indices.
I am really afraid seeing this.
I can only say to take care. I am not sure it is too late to say that. But there is no harm in hoping that “it” will not happen tomorrow.
I have not added charts here, as it is available in BSE and NSE sites, for those who want hands on experience.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.
MASTERSTROKES
