July 2, 2010

Nifty week chart with grave stone doji

  • Nifty's last week had formed a grave stone Doji.
  • I failed to notice it last week itself. the lower shadow should not be there for grave stone doji But in this case it is very small.
  • So what is the result?. If we don't take out the high of that candle, that candle should be the top for us for quite some time to come.

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