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  • #11801
    M Prem Rajan
    Participant
    Rank: Level 4

    A Doji is created after a series of downtrend with high volume, indicating a trend reversal forming the evening star. We can take the long position at the high of the doji, with a stop loss of its low and a target of 152.

    #12408
    Balaji
    Participant
    Rank: Level 5

    Dear Sir,

    Your trade plan is correct. A typographical error – you have mentioned it as evening star, instead it should be a morning star, as we are taking a long position expecting for a bright day.

    #12493
    M Prem Rajan
    Participant
    Rank: Level 4

    Right Balaji, it is a morning star. Thanks for correcting.

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