SENSEX MAY BREAK 14000

SENSEX GAVE TriStar BEARISH PATTERN The market has probably been in an uptrend for a long time. With the trend starting to show
weakness, bodies probably are becoming smaller. The first Doji would cause considerable
concern. The second Doji would indicate that there was no direction left in the market. Finally,
the third Doji would put the last nail in the coffin of the trend. This is essentially because this
pattern indicates too much indecision, and everyone with any conviction would be reversing
positions.
The Bearish Tri Star pattern is very rare, but when it occurs it has significant top reversal pattern. A fourth day confirmation in the form of a large black candlestick is recommended to show that the actual uptrend has reversed.


look for confirmation in next few days and decide your strategy with vigorous stopplosses in positions taken for short term