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A previous bullish rally and a consolidation and again a bullish rally started. This formation is important because of this previous rally. First sellers entered the zone and price got consolidated and in the second rally Hanging man candle was formed. The volume of hanging man is more than the previous bullish candles. So this candle is more powerful.
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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
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