The stock market saw Nifty closing 40 points higher, forming a small Doji candle on the charts. This pattern is often seen after a reasonable upmove or downmove, and suggests trend reversals. However, in this particular case, the Doji formation occurred alongside a negative candle from Friday, indicating range-bound action and little predictive value. Traders should exercise caution and closely monitor the market to make informed decisions on Tuesday.
Tech view: Nifty forms Doji candle on RIL AGM day, what traders should do on Tuesday
![Tech view: Nifty forms Doji candle on RIL AGM day, what traders should do on Tuesday](https://theindiansystem.com/wp-content/uploads/2023/08/74253-tech-view-nifty-forms-doji-candle-on-ril-agm-day-what-traders-should-do-on-tuesday.jpg)
-
Uncategorized