NIFTY
How to analyses bearish market
When the market opens small gapdown and make a big red candle candle or morubozu type of Candle then we can take short position as shown in the chart.
It a easy way to take trade when the first candle is Morubozu can also apply in 5 minute timeframe chart.
When the market opens small gapdown and make a big red candle candle or morubozu type of Candle then we can take short position as shown in the chart.
It a easy way to take trade when the first candle is Morubozu can also apply in 5 minute timeframe chart.
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