Oriental Bank Doji Candlestick Pattern
Downtrend since last many months.
latest down trend of 11 days.
Doji formed on 26/04/2018, with almost equal open and close.
Volume not increased, but doji appeared at the support of Hammer
like candle of 13/03 /2018.
Entry above the high of doji at Rs. 88.45
Stop loss low of the doji at Rs. 85.80.
Risk Rs. 2.65.
Target Twice the risk 2.65*2= 5.30+88.45= Rs. 93.75.
Risk Reward Ratio is 1:2.
Duration expected one week.
Target achieved on the same day of the entry on 27/04/2018.
