A doji pattern was observed in TCS with a trend reversal. The doji pattern was followed by high volume. The long position can be done as trend reversal is confirmed also the doji was not moving sideways so it can be a sure shot trend reversal.The entry point was 3448.1 with stop loss 3420 and targe position was fixed for 3569.2

1 Comment
  1. Naresh 2 years ago

    Hi,
    Volume should be high during the Doji day. (Note- A candlestick reversal pattern on high volume carries more weight than a candlestick reversal pattern on low volume so, volume plays a significant role in the buying and selling of the stocks)

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