Wednesday, 28 January 2015

And we shorted it.


  1. Hi,
    Great Channeling. I wish I could've shorted it. Well may be next opportunity is always there. Do you see Change in Trend , medium term to bearish ? What could be downside target of this breakdown?

    Can you please highlight this in long term chart from 2009?


  2. Kiran,
    If yesterday's bottom breaks down, i.e. 1990, it would come down to 1966 easily but then I see some strong support there. There is no damage to the long term view yet. Long term support is at 1920. I will post it this weekend.