ITC LTD-BEARISH-PIERCING CANDLE STICK

[sivasenthil]

PIERCING CANDLE STICK IS FORMED WITH SUFFICIENT VOLUME

TRADE PLAN

SYMBOL-ITC

DIRECTION-SHORT

ENTRY-317

SL-335

TARGET-299

[Krishnasai B]

Hi

In your case the day’s candle should open above previous day’s close and cover the previous days body at least by half. But in your example it opened in the middle of the previous day’s body and moved down.

Please refer to the attachment.

[sivasenthil]

thanks for correcting me mr.krishna

[Author]

Posts