Bearish Piercing formed in BAJAJ AUTO on 10th September 2018. Recent increase price from 13/08/2018 to 07/09/2018. Piercing candle witnessed on 10/09/2018. This Piercing candle upper tail is small in size and the body cover above 50% of the Bullish candle. We enter is previous day low breakout. 

ENTRY PRICE = 2780

TARGET = 2610

STOP LOSS = 2950

2 Comments
  1. Suresh Surulimuthu 4 years ago

    Good Analysis! Thanks for posting.

  2. Naresh 4 years ago

    Hi,
    The red candle should be cover the previous day’s upper tail

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