You still beleiving in dojo, hammer, engulfing.. waste
MDstockmagic
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@Edwin999, its part of technical analysis and if we use this candlestick pattern in combination of strategy or pattern than only its useful...
for eg yesterday it made doji & resistance was 16620.... but one should initiate short only if low is broken down by subsequent candle and closed below it..
confimation is important for any candle or pattern or any strategy...
MDstockmagic
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@Edwin999, in above chart if u see 11th aug ..10.45am candle than its a doji and its high was 16216.60 and low 16162.55...