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Open/close reversal confirmed for BSE signalling the sellers were in control all day

[BEARISH STRONG]: BSE opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 1 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 0.7%. Over the last month there has been 1 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 7.1%.

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