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What is Shooting Star?

Shooting Star — A candlestick with a small body and long upper wick after a rise — a potential bearish reversal signal.

In simple terms

A shooting star near resistance warns of a top.

Why Shooting Star matters when you invest

Understanding shooting star helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.

Shooting Star — frequently asked questions

What is Shooting Star?

A candlestick with a small body and long upper wick after a rise — a potential bearish reversal signal.

What does Shooting Star mean in the stock market?

A candlestick with a small body and long upper wick after a rise — a potential bearish reversal signal. A shooting star near resistance warns of a top.

Can you give an example of Shooting Star?

A shooting star near resistance warns of a top.

Related terms

Candlestick ChartAnalysisHammerAnalysisSupport & ResistanceAnalysis

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