Downward rally seen from Rs. 270 – 241.30 in 12 Days followed by a piercing candle.
Opportunity for Long position. Volume – average.
The Above trading resulted in a loss as the target was not achieved.
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Downward rally seen from Rs. 270 – 241.30 in 12 Days followed by a piercing candle.
Opportunity for Long position. Volume – average.
The Above trading resulted in a loss as the target was not achieved.
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This can be considered as bullish engulfing as the latest body managed to completely the cover the previous days bearish candle body