Interpreting the Nifty Candle
The big reaction we saw on Friday in the markets has provided us some interesting candlestick formations on multiple time frames. Since such convergence is rare, I felt that this could be a good way of explaining the importance and the interpretation of such candlestick patterns. Candlestick patterns first came to the limelight when Steve Nison wrote the book, Japanese Candlestick...
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