There are lots of candlestick patterns with some having such exotic names as Gravestone Doji or Dragonfly Doji. Below are some of the more well-known candlestick patterns and what they mean ...
The pattern gives early signs of deterioration of uptrend. Four price doji is a candlestick where open, high, low, and close are all the same. This candle reflects the highest extent of indecision ...
On a daily scale, it has formed a Gravestone Doji candlestick pattern, which indicates selling pressure at higher levels. The broader NSE Nifty gained 21 points, or 0.09%, to end at 24,857.
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