6 smallcap stocks form Gravestone Doji pattern, hint at bearish trend
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Bearish Signals
On the candlestick screener, a bearish reversal pattern helps identify stocks that can move into a downward trend from the current uptrend. Here are 6 smallcap stocks that have established a Gravestone Doji pattern and signify a bearish reversal. (Source: StockEdge)
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Gravestone Doji Pattern Explained
It is a one-day candlestick pattern in which there is a long upper shadow which shows up in the case of uptrend movement.
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Steelcast
LTP as on June 12: Rs 500.5
Change over the previous day: 0.8%
Change over the previous day: 0.8%
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Fiem Industries
LTP as on June 12: Rs 1830.35
Change over the previous day:0.1%
Change over the previous day:0.1%
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JBM Auto
LTP as on June 12: Rs 921.9
Change over the previous day: -0.1%
Change over the previous day: -0.1%
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Vardhman Acrylics
LTP as on June 12: Rs 54.3
Change over the previous day: -0.1%
Change over the previous day: -0.1%
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BGR Energy Systems
LTP as on June 12: Rs 55.45
Change over the previous day: -0.3%
Change over the previous day: -0.3%
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Indo Rama Synthetics
LTP as on June 12: Rs 47.6
Change over the previous day: -1%
Change over the previous day: -1%