Nifty50 Forms ‘Short Bull’ Can­dle, Sig­nals Bullish Tone

The Economic Times - - Companies -

ETMar­ The bulls roared for the sec­ond day in a row on Tues­day, as Nifty50 formed a short bull can­dle on the daily can­dle­stick charts. The in­dex closed above its cru­cial psy­cho­log­i­cal level of 7,700. A short bull can­dle is a sin­gle can­dle­stick pat­tern and should be stud­ied along with the pre­vi­ous can­dle­stick pat­ter ns for med on these charts.

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