Technical Analysis and Research For 22-11-2011
Nifty-EOD Chart(21-Nov-2011):-
Technical Patterns and Formations in EOD charts
1- Gravestone Doji Bullish Candle
2- Bullish harami candle
Conclusions
Low to moderate reliable reversal patterns within and just above crucial support range(4745-4800) today therefore up moves expectations are alive and confirmations will be after follow up buying and consolidations tomorrow as well as sustaining above 4868.
Nifty-EOD Chart(21-Nov-2011):-
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1- Gravestone Doji Bullish Candle
2- Bullish harami candle
Conclusions
Low to moderate reliable reversal patterns within and just above crucial support range(4745-4800) today therefore up moves expectations are alive and confirmations will be after follow up buying and consolidations tomorrow as well as sustaining above 4868.