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Disclaimer: I am not a SEBI Registered analyst. Charts are made only for study purpose and paper trading !!! Happy learning. @Surajgond_0305
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1 472
TOMMOROW WE WILL COMPLETE ALL THE TYPES OF DOJI CANDLES AND MOVE AHEAD FOR NEXT CANDLE.
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Intrested Traders can create your position. Target may be achieved before the time period.
Since it is part of long term call creating position is recommended.
No of shares is totally dependent on your financial position.
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One of our freind , understand the chart and created the position. Now he is happy with his decision and asked me to share the same in the group.
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ZAURI : ZAURI AGRO CHEMICALS LTD.
Beautiful Symmetrical Traingle Pattern breakout with Huge Volume. Freinds when ever I post the chart try to visualise the analysis as we go ahead , this actions will make your work easy to become an Technical Analysist.
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What is a Dragonfly Doji?
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. It's formed when the asset's high, open, and close prices are the same. The long lower shadow suggests that there was aggressive selling during the period of the candle, but since the price closed near the open it shows that buyers were able to absorb the selling and push the price back up.The dragonfly doji pattern doesn't occur frequently, but when it does it is a warning sign that the trend may change direction.
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Good Morning Freinds,
Better way to judge 👆yourself. So believe in yourself and learn the things so that you reach to Top.
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Points to note here :
1. Market is in uptrend or downtrend when Long Legged Doji Formed.
2. We have seen trend reveral after that.
Note : Trade is never done on the basis of Long Legged Doji or Doji. it's only an alert or indication of trend reversal which is to be matched with other indicators for taking a trade.
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What Is a Doji Candlestick Pattern?
The doji is a candlestick , which signify equality or indecision between bulls and bears. A doji is quite often found at the bottom and top of trends and thus is considered as a sign of possible reversal of price direction, but the doji can be viewed as a continuation pattern as well.
How Do You Read a Doji Candlestick?
A doji is formed when the opening price and the closing price are equal.
A long-legged doji is same as a doji, except the upper and lower shadows are much longer than the regular doji formation. After the open, bulls (buyers) push prices higher only for prices to be rejected and pushed lower by the bears(sellers). However, bears (sellers) unable to keep prices lower, and bulls (buyers) push prices back to the opening price. A doji could be formed by prices moving lower first and then higher second. Either way, the market closes back where the day started.
