Bearish Piercing – Nifty 50

Noticed the below;

1. Uptrend

2. Bullish candle

3. Gap down

4. Bearish candle

5.Close below 50 % of previous day’s bullish candle.

2 Comments

EQSIS 5 years ago

Bearish piercing should cover the uper tail of the previous candle

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Author

Rohini R 5 years ago

Noted Sir, have attached other chat, kindly check and revert.

[ICICI Bank chart]

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