One can see how the wicks are being formed around these zones
Larsen and Turbo has been in a nice and long uptrend for the last few years. This stock has now approached this strong multi-year support zone with a lovely little Doji. Love the tension in the market at this point. Do you think the stock will Reverse at this strong support zone or break it ? We will know it very soon. Use your analysis skills and pick a direction!
Double doji @ resistance... Short with SL 1385 closing.
Buy biocon for Target 235-240 Divergence & Doji
HDFC Bank - Confused State - Waiting for confirmation
NSE:TITAN now time to see doji candle power A simple idea but take it very seriously
A weekly doji is formed on the Dmart chart, stock has found support around 1220 previously, lets see if this pattern turns out to be morning doji start or not.
It has formed Doji on a weekly chart, a sign of indecisiveness. We have to watch out its movement hereafter.
A gap can be seen in the price of Asian Paints(highlighted in green), a previous attempt to fill the gap on 18th April did not succeed, stock has been able to hold Fibonacci level of 23.6%. Two successive dojis can be seen recently and delivery percentage for last three days are 55%,67%,57%(positive sign). The stock might move up once again to fill the gap. Jai Hind
One may buy Tornt Power on a dip for today with a SL of 250.7 and target over 256. Enter as per convenient Risk-Reward ratio.
Doji Short below 1547.10, SL PDH PDH = 1578.45 If gap up or down, follow 5m ORB.
We got a doji pattern on the nifty charts (daily) which indicates indecisiveness on the parts of the bulls and the bears and which indicates the present trend might take a breather. So it would be a good idea to sell on rise with SL of 11540 and targets of 11410/11350 for the short term. All levels are Cash levels.
Weekend lvl 6 + Doji Short below 1072.10, SL PDH PDH = 1095 If gap up or down, follow 5m ORB.
Doji Short below 768.80, SL PDH PDH = 785.45 If gap up or down, follow 5m ORB.
Evening Star + Doji Short below 720, SL PDH PDH = 737.50 If gap up or down, follow 5m ORB.
Weekend lvl 10 + Doji Short below 112.80, SL PDH PDH = 115 If gap up or down, follow 5m ORB.
Weekend lvl 6 + Doji Short below 294.15, SL PDH PDH = 297 If gap up or down, follow 5m ORB.
Totka used in Idea is called Reverse Fibonacci Using the previous leg & measuring its 138.2% gave us the top 11117 - can we get the top again at 11320- no confirmation yet so only risky traders to take sell in 11300-11320 Note - Going above 11320 ( Sell call is negated - close all sell positions & out) Trading Strategy Plan A - Sell below 11265 on...