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Tagged: DOJI, IDEA, MORNING STAR
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.
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.
Right Balaji, it is a morning star. Thanks for correcting.
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