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After a significant price fall, Hammer pattern was formed, A high volume on Hammer day confirms the Pattern. Trade taken with Long position at Point A (492.9), which is cross over above High of Hammer. The stoploss is set at Point B (477.0), which is low of hammer. The target is set as 2 times of Risk taken Point C (524.7) which was reached in 3 days
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All the conditions got ticked. good one.
Thank You Mohan. 🙂