Equity Market View and Glance ahead!!

#1
#2
The Falling Three Method is a continuation pattern in a bearish trend. I am not sure if it applies here.

http://www.investopedia.com/terms/f/falling-three-methods.asp
http://fxwords.com/b/bearish-falling-three-methods-candlestick.html
I know that its a BEARISH CONTINUATION pattern. The falling three methods candlestick behaves in theory as it does in real life. It is a bearish continuation 71% of the time and a reversal the remainder of the time.

I mentioned, "it might" that means a possibility.
 

a1b1trader

Well-Known Member
#3
The 50-share Nifty index is expected to open higher on Friday tracking positive Asian markets, while investors will keep a close eye on ITC ahead of its quarterly results which will be out later today. Stocks in news are ITC, JM Financial, Mahindra Satyam, L&T, ICICI Bank, Arvind Remedies, GSFC, Reliance Capital, DB Corp, Arvind GACL, Welspun India and Cadila Healthcare.
Posting, how the market will open, after 3.30.
:lol: