What is DOJI? How to make use of DOJI?

[suraj]

after a good up trend if a candle stick is formed where the opening price and the closing price is the same but there is a good volatility in the days high and low price then it means there is going to be a trend reversal. This pattern is called DOJI. The same is for the reversal.

[Praveen M]

DOJI means Neutral. When a thin, star like body appears in a candlestick chart, it is called DOJI. It actually indicates that a stock opens and closes at almost the same price on a particular day. It appears rarely but it is very powerful. DOJI with high volume is an indication of Trend Reversal. We can make use of DOJI by creating either Long or Short position based on whether the trend in negative or positive respectively before DOJI.

[canute]

when the Opening Price & closing price are the same  a candle stick is formed with long highs and lows this is called a DOJI. After a few bearish days if DOJI is formed then long buy signal is given, if DOJI is formed after positive trends for many days then we should take short position.

[vasanth]

DOJI is the candle stick which indicates less price movement as it has no or negligible body, DOJI with high volume indicates price reversal

[Ranjani Arumugam]

<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Doji means neutral in Japanese.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>It is used if the opening price and the closing price are the same, and you get a star pattern</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>If you spot a Doji after a significant price fall, and if the volume is high on that day- then expect a reversal of trend, expect  there to be a bullish Doji.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>If you spot a Doji after a significant price rise and if the volume is high- expect a bearish price reversal.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>If a Doji is spotted on a sideways movement – this is not of any significance.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”></p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Entry- Next day if price goes up above the Doji high</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Stop loss- the point at the lower most point of the Doji low.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Sell- Difference between entry and  stop loss into (x) 1.5 or 2 times</p>

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