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SudharsanG
Jun 16, 2021 2:22 PM

BANK NIFTY - DragonFly Doji - Trend reversal Long

Nifty Bank IndexNSE

Description

Two days back b.nifty forms a dragonfly doji candle on daily timeframe, followed by a gap up on the next day, now a small pullback towards the trend line.

These indicates some sign of trend reversal going to happen soon.

Today FED meeting going to happen, that reaction will reflect on our market tomorrow weekly expiry, so trade carefully.
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