An evening star candlestick formation in hourly charts has forced a turn lower confirming a mean reversion move - Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
NIFTY OUTLOOK
An evening star candlestick formation in hourly charts has forced a turn lower confirming a mean reversion move, that could stretch as far as 16033. However, the 16238- 16174 region could present bulls with an opportunity to regroup and arrest the bearish momentum. But, even in such scenario, directional upsides rise may have to wait, as a broadening wedge pattern is probably in formation.
To Read Complete Report & Disclaimer Click Here
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
More News
Our markets witnessed a marginally positive opening - Angel One
