Comment on Single Candlestick patterns (Part 1)

rh0164 commented on 24 Oct 2016, 10:01 AM

Hi Karthik,
Thank you very much for your wonderful lesions. There are very clear and simple to understand to beginners like me.
yesterday I observed bullish Marubozu for “Bhageria Indu ” with O-615.15, L-613.45, H-645.9,C-644.55 and upper shadow-.20%, lower shadow-.27%. when I observed today it is opened with 676.75 with 5% increase and only buyers are there and no sellers. Could you please explain me what it indicates. Is it indicates very bullish where no one is interested to buy? or any other technical reasons are there?
Thank you again for your lesions.
Hemanth

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