Friday, July 27, 2012

Nifty Heikin Ashi candle chart for 27-07-2012

Heikin Ashi Daily candle chart:
Heikin Ashi hourly candle chart:




Currently both daily & hourly mode is down. Both have formed large red candles without upper shadow. This indicates strong down trend. however we need to observe the market strength near 4990 range.


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