NIFTY CAN LOOSE ITS STRENGTH TILL 5527: MADE DOJI STAR
The NSE Nifty spot closed at 5600 with neutral pressure at a day before. Nifty spot made a evening star and now made reently a doji star. This may cause some selling pressure as profit booking in the next trading session. Technical indicators are positive for bullish trend, but if we analyze the price line, two gaps were left to fill. We can't say the immediate selling pressure efffect will be seen to fill those gaps, but as per the candlestick patterns, there can be seen somewhere profit booking in various stocks. That list of stocks, you can get from our research analysts for better picture of market view.
Happy Trading !!
Megha Investments & Research Team
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