RVNL

Morning star pattern in the stock at the bottom of the stock in the daily chart. The Morning Star is a bullish candlestick reversal pattern that typically appears at the bottom of a downtrend, signaling a potential reversal to the upside. It consists of three candles: First Candle (Bearish) – A long red (bearish) candle, indicating strong selling pressure. Second Candle (Indecisive/Small-bodied) – A small-bodied candle (can be bullish or bearish) that gaps down, showing indecision in the market. This can be a Doji, Spinning Top, or any small candlestick. Third Candle (Bullish) – A long green (bullish) candle that closes well into the body of the first candle, confirming the reversal.