Hydropower Sub-Index 19 October

 Hydropower - Correction

Support levels to look out for 1300, 1260 and 1200. 

Let’s hope these support levels will contain current correction, else perspective will change.

Look out for equities support levels in sync with index levels.

This method applies to overall equities in a group and not one particular equity. One may jump and gain good but overall performance should support this view/method.

Let us know if you like us to analyze any particular equity you have in your portfolio.

#tradewithramesh

Please note that due to market volatility, some of the above sight prices may have already been reached and scenarios played out. Trade in your own discretion.