Monday, September 26, 2011

NIFTY End of Day Analysis

After the formation of a Doji, Hammer is formed at the lower end of the swing near the earlier supports. Now the bulls have managed to show some strength lets see what the markets bring tomorrow.
As prices stand today, we might have a big day tomorrow -- lets see which side it is. To us it may be in the red. US markets close will certainly influence the open. They are trading flat right now not being able to close the gap.

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