CONDITIONS FOR MORNING STAR:
1. Following the series of negative candle, a Candle with very
minimum body and longer top and bottom tail should appear. (Yes present)
2. The trend before the appearance of the DOJI candle should be
negative with good slope. Horizontal movement should not be there.
(condition satisfied)
3. Volume during the DOJI candle or the previous day should be very high. (above avg volume is present)
We should execute this plan only if the price reaches the entry point. Or else we don’t have any business here we should walk away.
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Stock Ticker – NSE: UJJIVAN – Ujjivan Financial Services Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 296.70 Target 316 Stoploss 277.40
Analyst Rating – :3/5
View Posted on 2019-06-25
