Ankita_yadav
Long

HUBTOWN, LONG

NSE:HUBTOWN   HUBTOWN LIMITED
Share has formed TRIPLE BOTTOM (shown by blue line in graph). After forming triple bottom, share made CUP N HANDLE PATTERN (shown by black curves). Last Candle that share made in day graph was MARUBOZU (shown in graph). EMA 12 DAYS has started moving above EMA 26 DAYS (shown by green and yellow lines). All these things indicate Bullishness of share.
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Marubozu is a pause , it means the seller control is still in force , there will be one more pull back after Marubozu , You check all the charts of your favorites , and let me know any rally after a Marubozu ,
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Ankita_yadav WaveTradersproGroup
@WaveTradersproGroup, read this article...marubozu pattern has been explained very nicely in this article...you can also see the marubozu pattern followed by an uptrend in the same Hubtown share which took place in April.
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@Ankita_yadav, OK i know the article , I was trying to say the psychology after math in the Marubozu , There will be always better pull back before the trend begin
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Ankita_yadav WaveTradersproGroup
@WaveTradersproGroup, ok...may be in few shares it happen but many shares you can see which make marabozu for continuously 2 days or three days.. green or white marabozu means buyers are in control whereas in black or red marubozu sellers are in control.
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