Tuesday, 22 October 2013

STOCK IDEA....

Today nifty has shown some tiredness in intraday move and close near to open and made a DOJI  in candlestick pattern  .and doji indicates a sense of indecision  or tug-of-war between buyers and sellers or you can say lack of direction...so high and low of this candle is important for next trading session....

 For tomorrow important levels for nifty is 6160 and 6230.... any upside move above 6230 can lead towards 6300++  but my suggestion is that those who are  still in long position should follow with strictly stop loss and any double bottom sell in index can take a trade.... 


Regards
Raju Ranjan

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