It is formed by two candles, the first candle is bullish candle which indicates the uptrend.
The second candle is a bearish candle which opens gap up but closes more than 50% of the real body of the previous candle which shows that the bears are back in the market.
Pattern has created the range of 17500 to 17900.
Bulls are again trying to take control.
Expected to see side ways market untill current week expiry
The second candle is a bearish candle which opens gap up but closes more than 50% of the real body of the previous candle which shows that the bears are back in the market.
Pattern has created the range of 17500 to 17900.
Bulls are again trying to take control.
Expected to see side ways market untill current week expiry
