hi. can you check today's chart of 3i infotech. it formed dragon fly dogi. what does this mean in this case?
ANURAG_PRASAD
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@jille_laahi, hi, todays candle according to my limited knowledge, would suggest, sellers trying to pull the price down , but buyers were too strong for them even now..didnt let them drag it down, looks bullish,
or
plain profit booking position rollover by few hands...
if this happened at a high, i would consider redo of my view, abhi toh sab sahi lag raha hai.
hourly chart would given a better view as to whats happening, for every attempt to pull prices down, there was heavy volumes rushing to buy it...thus buyers , still active,,lets hope it stays this way at resistance also near 9.2