Nifty / Bank NIfty Candlestick

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Mayur Patel

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Aug 7, 2014, 7:08:26 AM8/7/14
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Today Nifty Spot & Bank Nifty Futs both formed gravestone doji candle on daily charts. In next 1-3 sessions, Nifty spot below 7630, will tgt 7550 & abv 7710, Tgt 7790. Bank Nifty Fut below 15000, tgt 14800 & abv 15250, Tgt 15450.
I feel tmrw either of these high / low will be taken out, setting either side momentum for next week. Gravestone Doji candle pose more often than not bearish implications. So lets keep our fingers crossed. 
 
 
 
 
Regards,
 
Mayur K Patel
Branch Manager,
Sharekhan Ltd,
Ghatkopar Branch, Mumbai.
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