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3 things to notice.
Today s (28/2) low value (57.15) is lower than yesterday s value (58.1).
Volume has surged from 41 lakhs to 93 lakhs.
Today’s close price (61.1) is higher than yesterday’s value (58.65).
All these three conditions satisfying, it can be called as bullish reversal pattern.
Technically, it gives 7.67% profit if it goes upto 66.65.
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Hi,
is there any pattern visible to justify the bearish reversal trend?
First of all sorry. Posting the first analysis. Wanted to write bullish but posted it as bearish. And i m yet to learn to mark it in chart directly. I better talk to u. Can i have ur number?