Bullish piercing pattern was observed in NIFTY50 during Dec 2015.
Condition: Current day candle should open below previous day candle and current day candle should close atleast 50% of previous day candle with increase volume and upper wick should be small or medium.
BUY-7704
STOPLOSS-7550
TARGET-7858
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
Hello,
You have nicely spotted the pattern.