Sample stock: Bharat Forge Limited, Period : Jan2017. This bullish piercing is characterised by:
1. downward trend. 2.Bearish candle on first day. 3. Bullish candle second day 4. Bearish candle opened with gap down(below close of prior) and closed more than half way into the body of previous day. 5, Upper tail of bullish is small in size(below close of prior day).
| stoploss | 913.9 |
| entry | 934.6 |
| target | 955.3 |