Nepse’s Candle ” Spinning Top ” it indicates a trend reversal.

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On the daily chart of Nepse today, the long lower shadow has formed. This indicates a growing market.

If such a pattern is seen in the market after a long period of decline, it indicates a trend reversal in the market. Such thread should be at least equal to the length of the body. The longer the thread, the more reliable the market.

In today’s trading, the market had come down to 2315. However, when the market closed, it closed at 2357. This seems to have pushed the market higher with buyers dominating in the last hours of trading.

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1 thought on “Nepse’s Candle ” Spinning Top ” it indicates a trend reversal.”

  1. Keshab bhatta says:

    If it is trend revarsal this is good news for us

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