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Jainshashwat
Feb 22, 2023 5:16 PM

Morning Star Long

TATA CONSULTANCY SNSE

Description

A morning star is a visual pattern made up of a tall black candlestick, a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick.
The middle candle of the morning star captures a moment of market indecision where the bears begin to give way to bulls. The third candle confirms the reversal and can mark a new uptrend.

Script = TCS
Time Frame = 15 min
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