Monday 23 July 2018

Trade Setup For Monday: Top 15 Things To Know Before Opening Bell

Posted by suhani varma on Monday, July 23, 2018 with No comments

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The Nifty50, after opening flat, gained strength in the morning trade on Friday and reclaimed the psychological 11,000-mark despite tepid global cues.

The index managed to hold the same level at close, forming small bullish candle on the daily charts and Doji Cross kind of pattern on the weekly scale.

A 'Doji' is formed when the index opens and then closes approximately around the same level but remain volatile throughout the week which is indicated by its long shadow on either side. It appears like a cross or a plus sign.

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