Morning Star Pattern

Stock Name: Sun Pharma

Please have a look at the attached chart. There is a significant down trend and an star appears in the end of the down trend. This means there is a chance of reversal of trend. The reversal is confirmed by the subsequent three candles.

 

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    For DOJI the volume should be very high to confirm the trend reversal.

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