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Harami Black and three Black Crows in Nifty F&O stocks. Can you spot them?

Candlestick patterns help determine the next course of action while taking an informed trade. Harami Black and Black Crow are the two major candlestick patterns that can show a reversal in a trend

Markets, Investors, Indices, Stocks
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Avdhut Bagkar Mumbai
Harami Black and Black Crow are the two major candlestick patterns that can show a reversal in a trend with a fair degree of conviction. With Nifty 50 correcting over 150 points, or 1.25 per cent, on Monday, it has become difficult to list stocks for that are safe-haven trades or even risky bets. Traders can use the two above-mentioned patterns to acertain the stocks where such trend is visible.

Harami Black: The pattern is usually looked as trend reversal in a negative sentiment. A sustained candlestick pattern here may even suggest that the stock good to