Morning-star-Doji-ACC-Bullish

[Balaji]

Bullish – Morning star Doji

Trade plan:

1. Symbol: ACC
2. Direction: Long
3. Entry: 1345
4. SL: 1301 (Risk = 44)
5. Target: 1411 (Reward = 66 (1.5 times x 44))

Reasons for qualifying Doji pattern:

1. Recent fall in price witnessed
2. Three day reversal pattern, first day a BEAR candle, second day candle a DOJI, third day a BULL candle.
3. No sideways movement
4. One condition which contradicts is, the volume. The volume is not too high.

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