Chartist Talks | Jatin Gedia recommends short iron butterfly strategy for Nifty 50, Bank Nifty this week
For Nifty, 23000 appears more probable while 23,500 would be over optimistic in May series, says Jatin Gedia.
Source: moneycontrol.com
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For Nifty, 23000 appears more probable while 23,500 would be over optimistic in May series, says Jatin Gedia.
It is formed at the bottom of a downtrend.
This is a neutral pattern, which signifies a bullish reversal trend as it indicates that the bulls have begun to pull the price up.
It is a one-day candlestick pattern in which there is a small red real body and an upper shadow extending from the body. It is formed at the bottom of a downtrend.