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Nikita (SEBI RA)

7th Oct · SEBI-Registered Analyst

Long-Legged Doji – Strong Indecision ⚖️

📊 The Long-Legged Doji shows extreme market indecision with long upper and lower shadows — both bulls and bears tried to control but neither succeeded. ✅ Meaning: Possible reversal or pause — watch next candle for confirmation. 📌 Example: After a strong uptrend ₹450 → ₹510, Long-Legged Doji forms near ₹515 → indicates buyers losing strength → potential reversal or sideways phase. 🧠 Tip: At support/resistance, this Doji becomes more significant.

BRITANNIA

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