With yesterdays candle pattern which resembled a hammer,and strenth shown by stocks like sbi from their lows....i thought ,weather all is well with my reversal pattern...luckily i wrote two things...first..weather markets can hold yesterdays lows and second weather they can cross their ydays highs...hoghs were not crossed and intraday lows at 4465 broken confirmed that 4410 was in danger too.
And above all my indicator R-CAP was as usual supported my analysis.
it seems markets have broken some crucial levels..will be back with more details ..tonight.
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