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Nifty forms bearish Dark Cloud candle
Watch the 22,313-22,480 zone on Monday; Expect more volatile days ahead; Index formed an open-high candle and closed very near the to the day’s low
All indicators show rising bearish momentum
The only positive fact is that Nifty escaped the distribution day, as volumes were lower than the previous day; If Nifty closes negative on Tuesday,...
Nifty forms Hanging Man candle
Bollinger bands are still in expansion mode, and there is no sign of consolidation; But distance from 20DMA reduced to 4.07% from 4.97% in last 2