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Last 2 weeks of January have been bad for Nifty 9 out of 10 times: Anand James
"The gravestone, Doji of Friday, hints at exhaustion after a massive rally on Thursday. This could potentially mature into an evening star pattern and thus a full-blown reversal. However, we feel that the exhaustion signals could peter down to a sideways move rather than an outright collapse, as the index looks prepared to have different winners from among its constituents."
