Daily Chart
Inching up after registering a new high at 1372.An Outside day pattern formed. An outside day is a two-period pattern that suggests a potential reversal or deceleration of the current trend.Watch for a move below yesterday's low of 1355 for confirmation of a reversal.
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Lakshmi Ramachandran
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2 comments:
Very strong trend! Is this ever going to reverse?
I think not!
Yes. Teaches you to just follow the trend and stop calling a reversal :)
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