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NTPC shares showed a reversal potential after their downtrend when a doji candlestick formed on the daily chart on Friday, ...
Their potency decreases rapidly three to five bars after the pattern has been completed. A doji (plural is also doji) is a candlestick formation where the open and close are identical, or nearly so.
A Doji candlestick forms when a security’s opening and closing prices are nearly identical within a trading session. This pattern indicates market uncertainty, where neither buyers nor sellers ...
This is a variation of the bullish harami pattern where the second candlestick is a doji, signifying very little difference, if any, between the open and close. Unlike the bullish engulfing ...