Kaustubh
Short

Energy companies are toast

NSE:CNXENERGY   NIFTY ENERGY
The CNXENERGY index is showing ominous signs.
These stocks haven't been doing too well recently but have enjoyed a sustained uptrend.
It's time for reversal now. The fundamental picture is not at all good and this move downward is just getting started.

For more thorough analysis, check out my daily NSE dashboards at
http://rpubs.com/kausti
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