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Cipla has formed a piercing pattern in March 2021 with average volume. Entry would be at 780 when price starts moving above the piercing candles. Stoploss at 740 low of piercing candles. Considering Risk to reward ratio as 1, target 820 was achieved in 8 days.
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Good attempt… (Note- The bullish piercing pattern occurs when the green candle opens lower than the previous day’s low, but it closes more than halfway above the previous day’s real body)
Thank you