Bearish Piercing pattern witnessed in Coal India Limited in Aug 2015. This is characterised by:

1. Uptrend. 2. Bullish candle followed by Bearish candle. 3. Bearish candle opened higher than prior bullish candle. 4. Bearish closed below 50% of Bullish candle . 5 Bearish tail is small in size.

Short Position to sell is recommended.

Stoploss 446.9
Entry 436.3
Target 425.9

 
   
   

 

0 Comments

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?