RobW25

Hard Times for India ETFs, But Entry Point Could Be Soon

Over 74% of India's traded shares are owned at levels significantly below the BSE SENSEX INDEX (^BSESN) close of 9,690.

The current India MOB Index analysis (IN_MI) implies that Indian shares have been rising on increasing volume indicating that this could mark a support level for Indian shares and a continuation of the current up trend.

2.61% Between 8451.01 & 8657.51
24.53% Between 8657.52 & 8864.02
19.13% Between 8864.03 & 9070.53
22.13% Between 9070.54 & 9277.04
6.02% Between 9277.05 & 9483.55
25.57% Between 9483.56 & 9690.06

www.mobindex.com/quote...