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BANKINDIA – Bearish – Entry 311 – SL – 357
Trade plan
Symbol: BANKINDIA
Direction: Short
Entry Level: 311
Stop Loss: 357
Target: 265
Dear Sir,
As per the conditions for the bearish piercing pattern, the following two conditions are contradicting, please clarify my doubt:
- The bearish candle should open higher than the previous day bullish candle high.
- The bearish candle lower tail should not be big.
I kindly request you to check with Mr. Murugan sir and clarify my doubt.
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