What is DOJI? How to make use of DOJI?

[Supriya Rayabhagi]

DOJI means neutral trend. It signifies trend reversal. Its significant fall indicates temporary pause.

Ignore DOJI when the market is moving sideway

If DOJI appears after price fall then it is called Bullish DOJI create long position.

If DOJI appears after uptrend then it is called  Bearish DOJI, create short position.

[shivkant]

doji means neutral(opening and closing point is very close) it gives sign of trend reversal when ever appears with high volume. when ever appears after downfall create long position and short when appears after climbing  price. ignore if price shift happen.

[Shiva]

Doji means neutral (ie) stock opens and closes almost at the same level.

It is a trend reversal pattern if there is a recent price fall or increase with volume and no side ward movement

If  a DOJI appears after a price fall and there is a trend reversal with increase in volume it is called Bullish DOJI or Morning star

If  a DOJI appears after a price increase and there is a trend reversal with increase in volume it is called Bearish DOJI or evening star

 

[Hema]

It does not have a real body at all. This means the open and close prices are equal. Doji’s provide crucial information about the market sentiments and is an important candlestick pattern.

The classic definition of a doji suggests that the open price should be equal to the close price with virtually a non existent real body. The upper and lower wicks can be of any length.   In fact more often than not, the dojis appear in a cluster indicating indecision in the market.

[Pradeep]

DOJI- When the open and close price are same.

High volume is required.

Bullish doji- After a price fall, doji indicates a temporary pause. Entry- Candle’s high point. Stop loss- Candle’s low point.

Sideways doji is always ignored.

[Author]

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