Dipesh_Kharva

Doji -near Pitchfork resistance line

Short
NSE:NIFTY   Nifty 50 Index
216 views
2
Doji like pattern earlier three time ( shown in chart with arrow ) reversed trand and gone towards next support line.


Publish for study purpose ,

Suggestion/correction / observation welcomed.
Trade active: Target would be next support line 8600-8635 with in two weeks,

with S\l of 8960
Comment: Revise S\l to 9020, earlier s\l hitted ,

Will stay till next friday.
Trade closed: stop reached

Comments

this is not a doji ,and this candle showing bulls power only , go long only
Reply
neneram rathirathi2001
@rathirathi2001,
can you let us know what is doji as per your view ?
+1 Reply
@neneram, I want show my reference point ,so Chart is zoom out that's why not visible, currently website not allowing to zoom in publish idea,

Doji means to me tug of war situation between bull-bears and none of them able win on that time, action shall be watched on next candle.

open and close range narrow ( in book virtually equal ) so on chart we may not get exact as book, narrow range indicate both bull and bears tussle at this level.

Let's see who win..am thing bear will win next weekly candle, action there after guess after what candle it form.
Reply
Dipesh_Kharva rathirathi2001
@rathirathi2001, Thanks for view,
Reply
Dipesh_Kharva rathirathi2001
@rathirathi2001, thank for view.
Reply