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Nikita (SEBI RA)

30th Sep · SEBI-Registered Analyst

Morning Doji Star – Strong Bullish Reversal

📊 The Morning Doji Star is a powerful 3-candle bullish reversal pattern. ✅ Formation: 1️⃣ First → Long red candle (strong downtrend). 2️⃣ Second → Doji candle showing indecision. 3️⃣ Third → Strong green candle closing well above the midpoint of the first. ✅ Meaning: Selling pressure fades, buyers regain control → reversal likely. 📌 Example: Stock falls ₹480 → ₹450, Doji appears, then strong green closes above ₹465 → Morning Doji Star → reversal confirmed. 🧠 Rule: Most powerful when formed at a key support zone.

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