Have a look at the below video to understand the shooting star candlestick pattern and same has been explained with Metropolis chart.
The shooting star pattern becomes more reliable if the body is red in colour because this is formed in a bullish environment and indicates a reversal pattern as we can see in this Metropolis stock chart the body which is formed at the end day is green in colour so this is only one concern however remember that body colour is only academic in nature and only reinforces the thought process. The stock breaking 3220 level means fall is in offing and can fall to 3100/3000 level.
Please listen to the video to get to know more about it and do remember to check out our best Bank Nifty option tips as you can start even with a small capital of 5010 can make profit on a daily basis
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