Observed a bearish piercing pattern with the prior trend being an uptrend and the bearish pattern is formed at the resistance.The RSI also confirms the bearish trend with a reversal from the overbought region of 70.

2 Comments
  1. EQSIS 7 years ago

    Here the trade plan should be SELL Below the Low not SELL at CMP

  2. V.VEDANAYAGAM 7 years ago

    Dear sir /madam @eqsis
    Kindly fix the Stop loss Rs 317

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