Neps’e Candle “Dragonfly Doji” a warning sign that the trend may change direction.

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On the daily chart of Nepse today, ” Dragonfly Doji “long lower shadow shows that sellers were able to take control for at least part of the period . This indicates a trend reversal in the market.

It’s best candle & the dragonfly doji pattern doesn’t occur frequently, but when it does it is a warning sign that the trend may change direction.

In today’s trading, the market had come down to 2286. However, when the market closed, it closed at 2325. This seems to have pushed the market higher with buyers dominating in the last hours of trading.

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