Get started
nileshgr

Evening Star Formation

Short
AVENUE SUPERMARTS (NSE:DMART)  
nileshgr  
NSE:DMART   AVENUE SUPERMARTS
Chart Patterns Technical Indicators Candlestick Analysis Evening Star
0
0
chartpattern indicator candlestick eveningstar
Sell your positions or book loss, this is evening star formation and we can expect some correction now because

  • 27 Feb - long green candle
  • 28 Feb - spinning top (indecision)
  • 29 Feb - red candle and closed below half of the green candle
  • Stochastic K line (green) crossed below D line (red)
  • RSI turned direction
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.