Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
March 3, 2014
BANK Nifty Chart analysis
Bank nifty daily chart is testing 50 Day SMA.
Price shows a possible Hanging man pattern in daily chart at Golden ratio. This candlestick pattern need confirmation, A bearish candle here can confirm a short term reversal.
GAP and Daily cloud may also act as resistance.
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