Technical Calls:Tata Steel and Hindalco Industries
Tata Steel
Tata Steel daily has formed Hanging Man Candlestick on Daily charts.
Hanging Man
A bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand for the asset is waning.
If we look at Daily …
Read the full story »
Tata Steel daily has formed Hanging Man Candlestick on Daily charts.
Hanging Man
A bearish candlestick pattern that forms at the end of an uptrend. It is created when there is a significant sell-off near the market open, but buyers are able to push this stock back up so that it closes at or near the opening price. Generally the large sell-off is seen as an early indication that the bulls (buyers) are losing control and demand for the asset is waning.
If we look at Daily …
Read the full story »
posted by Bramesh at
9:11 AM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home