Daily Chart
A classic Hanging Man candle pattern was formed. This is a reversal signal, but of course, needing confirmation today with Nifty moving lower and closing lower too.
RSI 14 is in the overbought zone making it more reliable if today prices were to move lower.
Daily Chart
Half Hourly Chart
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!
Lakshmi Ramachandran
No comments:
Post a Comment