The gravestone doji candlestick pattern suggests that yesterday’s dip could see more traction early today - Geojit Financial
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NIFTY OUTLOOK
The gravestone doji candlestick pattern suggests that yesterday’s dip could see more traction early today. But favoured view expects bulls to regroup in the 16585-520 region, and attempt a rise towards 16860 or 17200. Alternatively, a direct fall below 16520 will raise the chances of a 15700, but it is still a low probability event, as plenty of supports at 16450-16200 and 15970 appear ready to step in, if called up on.
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