Dragonfly Doji open TRG A Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. IF YOU LIKE MY IDEA …PLEASE .FOLLOW ME Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before...
SUPPORT + DOJI if the confirmation candle is done then bullish . Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
Dragonfly Doji Candle Trend Change Nifty 50 Long Bullish Run Ended Pull Back RSI ADX Entry Fib Retracement
HDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus CMP : 1525 (Dip : 1480) SL : 1390 Target : 1730 Almost 1:3 risk reward setup The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely Some bad trades are allowed, we won't go broke by holding Can allocate little above our usual allocation. These...
Strong trendline support Each time it came near trendline it took to support, formed a Dragonfly Doji candle, and then reversal happened. Points to consider 1. Strong trendline support 2. Dragonfly Doji 3. 50 SMA support 4. Price rejection near the trendline. 5. Limited risk Buy Above sustaining of previous day high. Target 1455/1480 Wait for the...
Price movement in February has led to formation of dragonfly doji. It has appeared sideways. Technical indicators such as RSI suggests continuation of bullish uptrend. One can get into a short term trade for moderate gains. However, it is recommended to take a long-term view only after dragonfly doji transforms into a directional candlestick - either bearish and bullish.