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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.