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  • #6849
    santhoshkumar
    Participant
    Rank: Level 6

    Forming Bullish Doji reversal pattern Scenario.

    Trading Plan; Symbol: BhartiArtl – Direction – Buy above 427 SL 417.5 Target 450

    #8034
    V.VEDANAYAGAM
    Participant
    Rank: Level 5

    DEAR SIR /MADAM
    This is not a DOJI to conclude a bullish reversal , because
    1 THERE is no CONTINUOUS DOWN TREND
    2 Volume is not there on the DOji day
    3 DOJI by itself is a single day reversal pattern and hence requires confirmation on the next day to take decision regarding trade. But we see only another small bear candle/doji

Viewing 2 posts - 1 through 2 (of 2 total)
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