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Nifty 50 Index
Long

WHY NIFTY WENT UPWARDS SO MUCH ON THE MONTH OF APRIL

By peace_lover
  • Cradle pattern (consisting multiple doji, hammer, hanging man) is a very strong reversal indicator. Nifty formed cradle pattern from 15th mar - 30th mar indicating strong reversal on the way

  • Tweezer Bottom is also a very strong reversal indicator and nifty formed this pattern on 24th mar, 27th mar & 28th mar (having tested thrice instead of twice) again indicating strong reversal

Bullish PatternsCandlestick AnalysisChart PatternscradleNIFTYniftytrendSupport and ResistanceTechnical AnalysisTweezer
peace_lover
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