Tuesday, July 31, 2012

Nifty Heikin Ashi candle chart for 31-07-2012

Daily Hekin Ashi chart:
Nifty has formed a large hollow blue candle after a small hollow candle. Latest candle do not have lower shadow and the real body is huge. This is a strong sign of up trend continuation.

Hourly Hekin Ashi Chart:
Throughout the day none of the candles contained any lower shadow. All the candles were hollow blue and had reasonable real body. This is again a strong sign of up trend continuation.


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