Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Tuesday, April 2, 2019

Inside Day

Daily Chart 

 An inside day is often used to signal indecision because neither the bulls nor the bears are able to send the price beyond the range of the previous day.

 The pattern when found near the end of a prolonged uptrend may suggest that the rally is getting exhausted and is likely to reverse.

However, wait for a breakout/breakdown from the pattern--   11738-11645  ---to see whether Nifty is reversing or continuing the Uptrend.

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Happy Trading !!

Lakshmi Ramachandran

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