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Showing posts from February, 2023

Similar patterns in bank and nifty

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 Perfect case for buying today - after continuous fall for last 4 days today. Hammer - dragon fly doji came in both the bank and nifty.
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 Double bottom and triple bottom in bank nifty on 15th feb. Perfect example of reversal, especially in case of triple bottom - there was a moving average support also. So reverse the position.

Importance of support and resistance

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   Tatamotors respecting support and resistance and reversal from double bottom. in 15 min intraday chart. Similarly in Infosys-