{"id":274,"date":"2010-06-28T00:12:55","date_gmt":"2010-06-28T00:12:55","guid":{"rendered":"http:\/\/www.cashthechaos.com\/blog\/?p=274"},"modified":"2010-06-28T00:15:42","modified_gmt":"2010-06-28T00:15:42","slug":"nifty-bearish-price-action-on-weekly","status":"publish","type":"post","link":"https:\/\/www.cashthechaos.com\/blog\/2010\/06\/28\/nifty-bearish-price-action-on-weekly\/","title":{"rendered":"Nifty &#8211; bearish price action on weekly chart"},"content":{"rendered":"<p>As can seen from the chart below, a gravestone Doji formation is visible on Nifty's weekly chart.<\/p>\n<div id=\"attachment_275\" style=\"width: 410px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.cashthechaos.com\/blog\/wp-content\/uploads\/Nifty26Jun2010.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-275\" class=\"size-medium wp-image-275 \" title=\"Nifty Weekly Chart\" src=\"https:\/\/www.cashthechaos.com\/blog\/wp-content\/uploads\/Nifty26Jun2010-300x131.jpg\" alt=\"\" width=\"400\" height=\"200\" \/><\/a><p id=\"caption-attachment-275\" class=\"wp-caption-text\">Nifty weekly chart - Source Bloomberg<\/p><\/div>\n<p>This pattern is\u00a0moderately\u00a0bearish and a follow up selling this week(Friday's\u00a0close) that takes Nifty below the low of 5259 would draw in more sellers. \u00a0Aggressive strategy would be to sell below the low of last week while a conservative approach would be to wait for this week's close to see if there is a bearish reiteration. A close above the high of 5366 would nullify the bearish signal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As can seen from the chart below, a gravestone Doji formation is visible on Nifty&#8217;s weekly chart. This pattern is\u00a0moderately\u00a0bearish and a follow up selling this week(Friday&#8217;s\u00a0close) that takes Nifty below the low of 5259 would draw in more sellers. \u00a0Aggressive strategy would be to sell below the low of last week while a conservative <a href='https:\/\/www.cashthechaos.com\/blog\/2010\/06\/28\/nifty-bearish-price-action-on-weekly\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10],"class_list":["post-274","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-nifty-view","category-1-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/comments?post=274"}],"version-history":[{"count":4,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/274\/revisions"}],"predecessor-version":[{"id":279,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/posts\/274\/revisions\/279"}],"wp:attachment":[{"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/media?parent=274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/categories?post=274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashthechaos.com\/blog\/wp-json\/wp\/v2\/tags?post=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}