mahindra and mahindra finical services ltd
trade plan: create long position
recent price fall down.hammer man in green colour. volume should be high.
, , Hammer Pattern
, , Hammer Pattern
Recently Active Members
Bullish View
Bearish View
-
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
-
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
-
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
-
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
-
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Hi,
Volume should be high during the doji day.
Just for reference…. read the below Criteria for Hammer pattern:
Hammers have a small real body and a long lower tail.
The upper tail should be invisible or very small in size
Hammer should be green in colour.
Hammers occur after a price decline.
Volume should be high during hammer day.