Evening Star – The Bearish Counterpart
📊 Evening Star is opposite of Morning Star – a bearish reversal pattern.
✅ Structure:
1️⃣ Big Bullish Candle – strong buying.
2️⃣ Small Candle/Doji – buying slows, indecision.
3️⃣ Big Bearish Candle – sellers dominate.
📌 Example:
Nifty rallies to 22,000, prints a Doji, and next day forms a big red candle closing below 21,800 → Evening Star → signals potential top formation.
🧠 Tip: Stronger if formed at resistance + supported by FII/DII selling data.
HINDUNILVR
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