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Tagged: piercing pattern- HDFC- bullish
bullish piercing seen with the green body covering the previous day low and half of the previous day body. upper tail is small. significant increase in volume.
sym- HDFC
direction- bullish
entry- above 817
target- 848
SL- 780
Pls sir review your pattern…
There should be a price fall in days ,before the bullish piercing.
Becoz its a reversal pattern….pls clear the doubt
ya ur view is correct its moving sideways only..but the candlestick is a bullish piercing pattern… since i was in hurry i would have posted…
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