Look's like every time the Fed meeting comes -- News channel potray it as the End of World.
This time too chances are that it may be a non-event. Even a rate hike would not mean much to the global economies as much of the dampening and turmoil has already been factored in this mayhem.Today the fall was on low volumes and nothing can be deciphered from it. As of now remain long only -- Strong support exist's at 7800 and then 7700 NS. Look for buying the Dips and SL for the same would be 7680 - 7620 NS. Targets remain the same as discussed earlier.
Have a Great Day ! !
This time too chances are that it may be a non-event. Even a rate hike would not mean much to the global economies as much of the dampening and turmoil has already been factored in this mayhem.Today the fall was on low volumes and nothing can be deciphered from it. As of now remain long only -- Strong support exist's at 7800 and then 7700 NS. Look for buying the Dips and SL for the same would be 7680 - 7620 NS. Targets remain the same as discussed earlier.
Have a Great Day ! !
just sail with markets :)
ReplyDelete@Indian Trader -- Truly Said :)
ReplyDeleteBut it still worrisome and disturbing almost for an year now...
ReplyDeleteNot to worry we are facing Europe issues too since 2008 --- so Our markets will make their own trajectory
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