niftytrader

NIFTY Candlestick patterns on 3month quaterly basis

Education
NSE:NIFTY   Nifty 50 Index
A study of the forming pattern suggests we could be in for a long break. After close of this candle if it closes at the lowest of the quarter and if we confirm the inverted hammer by going below, there may be pain ahead. Then again the efficacy of candlesticks remains at best limited.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.