Updated my computation of liquidity based on latest RBI data. The downtrend in liquidity remains intact signaling the possible advent of a bear phase in the markets.  
For the time being I maintain my view of BSE Sensex made on 20 August 2013 i.e. the BSE Sensex benchmark could make a top of between 21,000-22,000 points by October-November 2013 time-frame before the advent of a prolonged bear phase. 

NB: The information, tools and material presented here-in are for informational purposes only. This should not be considered as an offer or a solicitation to sell or an offer or solicitation to buy or subscribe for securities, investment products or other financial instruments, nor to constitute any advice or recommendation with respect to such securities,
investment products or other financial instruments.
18/3/2017 07:19:01 am

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