BEARISH PIERCING IS WITNESSED IN TATA MOTORS.
TRADE PLAN:
Entry price : 172.2
Stop loss : 187.2
Target : 167.2
feel free to call us +919500077790 info@eqsis.com
BEARISH PIERCING IS WITNESSED IN TATA MOTORS.
TRADE PLAN:
Entry price : 172.2
Stop loss : 187.2
Target : 167.2
M | T | W | T | F | S | S |
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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 |
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@vishalsuresh
You may please re-validate the pattern against the conditions for Bearish Piercing pattern.
1) The previous uptrend should be visible.
2) The piercing red candle’s body should covered the previous day’s High and covered more than 50% of the previous day’s body.
3) The volume has to be high on piercing day.
4) The lower tail of the piercing candle should be very small.