EICHER MOTOR
BEARISH PIERCING
20/12/17
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Bullish View
Bearish View
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Sir, Eicher is a costly scrip and not in our reach. Why don’t you search for a low valued stocks i.e., ranging between 100 – 1000 so that we can trade also. Just think it.
agreed
i will post another scrip in our range
thanks for correcting me
Hi,
It’s an improper piercing.
The perfect bearish piercing should be cover the previous day high and the lower tail should be low. Thumb rule of bearish piercing is the second candlestick must close below the middle of the real body of the first candlestick.