Hammer forms at the base of a down trend for a reversal. The lower tail is long and smaller upper wick. Entry for long at high of hammer, 144.3 with stop loss 140.3 the low of hammer. Target can be 1.5 of the risk said to be 150.3.
VEDL_HAMMER_Practice
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Stock Analysis
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Hi sir,
Volume should be significantly high on the hammer day.