Time to sell? 4 smallcaps form Gravestone Doji pattern, hint at bearish reversal
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Negative Trend
On the candlestick screener, a bearish reversal pattern helps identify stocks that can slip into a downward trend from the current uptrend. Here are 4 NSE smallcap stocks that have established a Gravestone Doji pattern and signify a bearish reversal. (Source: StockEdge)
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Gravestone Doji Pattern
It is a one-day candlestick pattern in which there is a long upper shadow that shows up in the case of uptrend movement.
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Bharat Wire Ropes
LTP as on June 2: Rs 184.7 | Change over the previous day: 0.3%
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Transformers and Rectifiers
LTP as on June 2: Rs 84 | Change over the previous day: 0.2%
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Delta Corp
LTP as on June 2: Rs 241.9 | Change over the previous day: -0.1%
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Vadilal Industries
LTP as on June 2: Rs 2630.15| Change over the previous day: -0.6%