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BABBU
Mar 14, 2023 4:18 AM

pause candle  Education

Nifty 50 IndexNSE

Description

on the hourly chart, nifty formed a pause candle.
1. there is wide gap between the nifty value and the moving average .
2. pause bar indicates the resting of bulls and bears until a clear signal is obtained to trade.
Comments
praveen.gupta
Identification of pause candle is really good point.
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