Candlestick patterns is a game of probability. One does have a 5% advantage. However, all the occurrences must be acted upon, else all the probabilistic bets are off. So it is really dangerous. I mean, it is dangerous because it looks simple, wherein we see an occurrence and act. But, that is not the reality. Several mental and cognitional biases come into play. It is murky, and not simple to say the least.
It is a hoax. There is no uptick. It is governments strategy to highlight a shred of good. Having read todays TOI center page article by Swaminomics
I am convinced even more. People do not have money to spend. Especially, the sectors of expensive things (the non-essetials) like homes, cars and jewelry are down and out. People are cheering new stock market highs, I worry.
PS: Do not agree with the Gau Rakshak argument in the article. As there are environmental damages.