Nifty has formed Doji yesterday on Daily chart & is followed by Hanging Man pattern in Candlestick Formulation. This sounds warning bell.
Though as per Monday's post, weekly chart of Nifty Hammer has been followed by a big white candle, we need to wait till this week end for confiormation.
As of now, Nifty is bit weak & its better to
hold you long positions with strict stop loss. Infy result is round the corner.
Take Care. God Bless You all.
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