Shooting Star – Bearish Signal at Market Top
📊 The Shooting Star is a strong single-candle bearish pattern.
✅ Formation:
Small body near low.
Long upper shadow (at least 2× body).
Appears after an uptrend.
✅ Meaning: Buyers pushed price up, but sellers regained control → rejection of higher levels.
📌 Example: Nifty rallies to 22,200, makes intraday high 22,400 but closes 22,180 → shooting star → selling pressure active.
🧠 Rule: Stronger when supported by resistance zone & volume.
MARUTI
#WatchOutFor
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