A piercing candle was observed on CoalIndia chart during uptrend. The market opened higher during the 2nd day. But the price went down to more than 50% of previous candle and closed at a low. The entry level is below the low of 2nd candle. Stoploss is taken as high of the 2nd candle.
COALINDIA – BEARISH PIERCING CANDLE
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Stock Analysis
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Bullish View
Bearish View
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