Nifty Weekly Technical View
Nifty charts had formed continuous Hammer Patterns on the chart.
Hammer candlesticks are formed when a security moves significantly lower but bulls retraced back from those lows to reach near the open. By day end buyers were able to push prices back to the upper range creating a short body candle with a long shadow. The [...]
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Hammer candlesticks are formed when a security moves significantly lower but bulls retraced back from those lows to reach near the open. By day end buyers were able to push prices back to the upper range creating a short body candle with a long shadow. The [...]
Read the full story »
posted by Bramesh at
5:20 PM
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