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THREETREND RESEARCH

3rd Jul · SEBI-Registered Analyst

Morning Star

$TCS The Morning Star is a bullish reversal candlestick pattern that typically forms after a downtrend and signals that selling pressure is weakening while buyers are regaining control. It consists of three candles: a strong bearish candle, followed by a small-bodied candle indicating market indecision, and then a strong bullish candle that closes well into the body of the first bearish candle. When this pattern forms near a key support level or demand zone with higher trading volume, it increases the probability of a trend reversal and a potential upward move

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