1st October,2011 Saturday
Candlestick Formations on weekly Charts and its Importance
DOJI Formation:The Pattern of Indecision.If the Stock gives a close above the doji's high on the next candle the stock can rally up.
In the Given below scrips a Doji has been formed on the weekly chart.If the next week gives a close above this DOJI's High there are chances that the stock may rally.
Ackruti (190.05)
Advanta:A doji was formed in the previous week ended 23rd Sept.And the stock gave a close below the doji's low indicating Bearishness.
Asahi India (67)
Ashok Leyland (26.10)
Boshl Ltd (7051.20)
CESC (277.60)
CMC (829.55)
ELgieEquip (70.85)
GujFluoro (538.20):In fact there is a formation of Doji Spinning Tops.,Beware of this pattern.The stock can come down.
Gujrat Gas (431.05),Himmat Siede (33.50),Indswift lab (85),Infotecent (115) and NHPC (23.50)
Candlestick Formations on weekly Charts and its Importance
DOJI Formation:The Pattern of Indecision.If the Stock gives a close above the doji's high on the next candle the stock can rally up.
In the Given below scrips a Doji has been formed on the weekly chart.If the next week gives a close above this DOJI's High there are chances that the stock may rally.
Ackruti (190.05)
Advanta:A doji was formed in the previous week ended 23rd Sept.And the stock gave a close below the doji's low indicating Bearishness.
Asahi India (67)
Ashok Leyland (26.10)
Boshl Ltd (7051.20)
CESC (277.60)
CMC (829.55)
ELgieEquip (70.85)
GujFluoro (538.20):In fact there is a formation of Doji Spinning Tops.,Beware of this pattern.The stock can come down.
Gujrat Gas (431.05),Himmat Siede (33.50),Indswift lab (85),Infotecent (115) and NHPC (23.50)
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