We can witness Doji pattern on 21 January 2021. This Doji is after fall in prices for the previous five days. Therefore, we can consider it as morning star. When the price of this share crosses the upward tip of doji, we shall purchase the same. Accordingly, we can purchase this share at Rs. 825. Stop loss should be fixed at bottom tip of doji ie., Rs. 785. Target can be fixed height of doji or agressively double the time of height of doji. Accordingly, our agressive target for this share can be Rs. 905
Indusind – Doji pattern – Morning star
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Stock Analysis
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Bearish View
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