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Mayank Kumar

2nd Mar 2025 · SEBI-Registered Analyst

Zomato

ZOMATO
Bullish doji pattern in the 4-hour chart. A Bullish Doji is a candlestick pattern that can signal a potential reversal in a downtrend. It forms when the opening and closing prices are almost equal, creating a small or non-existent body with long upper and lower shadows. This pattern indicates market indecision but can be a strong bullish signal when it appears at the bottom of a downtrend.

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