Bullish Piercing is a Bottom Reversal Pattern.After a fall in price, the security reaches at the support level. a green candle gaps down and closing higher than half of the first bearish candle – ie – green candle should at least cover 50% mark of previous red candle- Piercing Line is formed. The uppe tail of the green candle should be small in size – which indicates bears out of market.
Bullish Piercing : HAVELLS
