NHPC Limited stock was chosen. Significant price drop noticed for more than 30 days from 16-Aug-2017. Doji noticed on 28-Sep-17 with high volume hence Long position was taken at Rs. 27.1 with stop loss of Rs. 26.5. Target achieved in 2 days.
NHPC Limited_Morning Star (or) Bullish Doji
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Stock Analysis
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Bullish View
Bearish View
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Hi,
It seems average volume (Note- Doji with high volume is generally more reliable than a relatively low volume one)
Thanks Naresh.. Noted
But it seems to be high volume only as per the snap shot