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Nikita (SEBI RA)

20th Aug 2025 · SEBI-Registered Analyst

Doji – The Candle of Indecision

📊 A Doji forms when open ≈ close, showing tug-of-war between bulls & bears. ✅ Significance: At Top → Signals potential reversal (trend exhaustion). At Bottom → Signals accumulation or reversal chance. In Sideways → Just noise, avoid over-trading. 📌 Example: Nifty rallies from 18,500 → 19,000, but prints a Doji on daily chart with low volume → caution, trend may slow down. 🧠 Rule: Doji is powerful only at critical support/resistance zones, not everywhere.

MARUTI

#WatchOutFor
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