Thursday, January 12, 2012

EVENING DOJI STAR ?

This is daily chart of nifty. Yesterday it formed doji and looks like to be evening star doji which needs confirmation by today's price action. Also as shown it also got resisted at 50 sma that to with good volume. Is it indicating reversal of short term up trend we will keep our finger croosed.

Later on will wright in detail regarding evening doji star.

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