There is a trend reversal. On 30-Mar-15 the green candle completely covered the previous day’s low of the red candle and also 50% of the body. So we can call it the Piercing Day. Point B is the Stop Loss point which is the low of the green candle on 30-Mar-15. A is the entry level on 31-Mar-15. This is the highest point of the red candle on 27-Mar-15. The target is the risk taken which is A to B added to the entry level. C is the target at Rs 26.10.
GARDEN SILK MILLS – BULLISH PIERCING PATTERN
feel free to call us +919500077790 info@eqsis.com
Stock Analysis
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
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
How this forum help stock traders?
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
Hi,
For bullish piercing pattern, the upper tail should be small in size otherwise its really good