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Technically it is possible to move ASI up on Monday. RSI value is 41.42.
BTW, We saw many foreigners bought large quantities of shares today. If they are traders Monday market won't rise up like today because they will sell their shares to earn quick profits but it will not be a red day because share prices should go up at least by little to generate selling opportunities. ASI value will be around 20 -40 level if it is.
If most of foreigners are investors market will rise up like today because shares will be heavily collected by them.
comments!
BTW, We saw many foreigners bought large quantities of shares today. If they are traders Monday market won't rise up like today because they will sell their shares to earn quick profits but it will not be a red day because share prices should go up at least by little to generate selling opportunities. ASI value will be around 20 -40 level if it is.
If most of foreigners are investors market will rise up like today because shares will be heavily collected by them.
comments!
