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Tagged: DOJI
after a significant rise or fall when the stock opens and closes at same level (neutral) with good volume the pattern formed is known as Doji.
after continuous fall in price if a Doji appears create a long position.
after continuous rise in price if a Doji appears create a short position.
After a significant rise or fall ,the stock stays neutral .It is called DOJI.
DOJI with high volume indicates trend reversal.It is a powerful tool.
DOJI followed by sideways movement should be ignored.
When DOJI appears after uptrend ,create short position.
When DOJI appears after downtrend,create long position.
Doji / neutral candle stick.
Doji signifies trend reversal – from bearish to bullish or vice versa.
morning star – long position
evening star – short position.
DOji means neutral trend (No significant rise or fall )
after downtrend doji appears means create long trend
After uptrend doji appears means create short position
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>DOJI stands for neutral day where selling and buying happened with equal strength. Day of DOJI will have a high volume trended.</span>
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