gravestonedoji

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santhu404 santhu404 TATAMTRDVR, D, Short ,
TATAMTRDVR: TATAMTRDVR can slide till 280 zone
33 0 1
TATAMTRDVR, D Short
TATAMTRDVR can slide till 280 zone

TATAMTRDVR trading below 200 simple moving average, strong resistance zone 290/288, it has formed a gravestone doji candle formation. price action movement moving towards its support zone 278/280 zone, keeping stoploss above 295.

NeeteshJain NeeteshJain TOP TVSMOTOR, 120, Short ,
TVSMOTOR: TVS Motor at Shorting Levels
207 2 4
TVSMOTOR, 120 Short
TVS Motor at Shorting Levels

The price action just filled the previous gap down space and now indicating weakness due to long upper wick. The last candlestick that had long upper wick also known as Gravestone Doji, a trend reversal pattern, that suggests rejection of higher prices. It is wise to short at current levels with stoploss. Target 1: 309 Target 2: 301 Stoploss: 332

NeeteshJain NeeteshJain TOP NIFTY, W, Short ,
NIFTY: Nifty Forming Gravestone Doji - Indicating Change In Trend
269 0 6
NIFTY, W Short
Nifty Forming Gravestone Doji - Indicating Change In Trend

On weekly Chart, it is been observed that there is a formation of Gravestone Doji candlestick that indicates bearishness. It forms in uptrend market to suggest change in trend. As showed in the chart, Nifty -0.96% is been trending up forming new upside breakouts and waves for a while, it is been now observed with a Gravestone Doji, that indicates change in trend ...

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