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Comments on today's market move please

Discussion in 'Technical Analysis' started by naveen1241, Sep 16, 2014.

  1. naveen1241

    naveen1241 Responder

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    Hi All,

    Please share your views,opinions,takes & strategies.
    Things to watch, important levels etc. etc. after today's big market fall.

    Please share strategies or views which could be helpful for all of us.


    In my case, I've been exiting from stocks partially in last few days including today. Now on 60% cash and 40% in stocks. Would like to get opinions. In my case I'm waiting for some sort of consolidation to take place in indices and individual stocks as well.

    Thanks
    Naveen
     
    naveen1241, Sep 16, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    I think it is one of those awaited crash and I hope it corrects quite well enough.
     
    shabbir, Sep 16, 2014
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  3. naveen1241

    naveen1241 Responder

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    Thank you Shabbir for sharing your view. What about important technical levels to watch out for ?

    Thanks
    Naveen
     
    naveen1241, Sep 16, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    I will watch for 7860 (Interim support) and 7500 (Support)
     
    shabbir, Sep 17, 2014
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