Nifty forms hanging man zevemow646110917
Nifty forms hanging man.
The Nifty opened the session at 10 461, which also turned out to be its intraday high.
Last Trading Session: Indian Stock Market opened positive for the day EquityPandit predicted that Indian Stock Market including Nifty BankNifty , Sensex are all in.
Nifty makes a hanging man pattern on daily , a doji on weekly charts Whole week it traded in the range ofholding on to gap support.
During the session, signalling exhaustion Top Global News., the index formed a Hanging Man pattern on the daily chart Nifty50 forms Hanging Man pattern Investors who are long on Nifty can consider booking partial profits while for the rest of the position a strict stop loss below 10 426 could be placed, suggest experts.
Traders are advised not to base any decisions on Tuesday s price action as the market is awaiting triggers from the outcome of the Reserve Bank of India s policy. How the market behaves over the next three trading sessions will be crucial, say experts. Technical View: Nifty forms hanging man pattern on daily chart Markets opened the session flat post which a gradual sell off which lasted the entirety of Monday.
Dec 11, PM IST Source: Technical View: Nifty forms lsquo Hanging Man rsquo; kind of pattern; could face resistance at 10 365