Friday, July 20, 2012

Heikin Ashi Candle Analysis of Nifty for 20-07-2012

Daily Heikin Ashi candle chart: - Bullish


Hourly Heikin Ashi candle chart: - Short term reversal? All depends on how the new candle will form today morning. If it is a red then the djoi formation yesterday will confirm the reversal and nifty may be heading down for a short term. If the new candle today is hollow - blue then up trend continues.


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