Viewing 1 post (of 1 total)
  • Author
    Posts
  • #16304
    Lakshman Chandrasekaran
    Participant
    Rank: Level 4

    Long Position

    1. Entry – 249
    2. Stop Loss – 236
    3. Target – 275

    In the image attached of BHEL we can see a bullish candlestick hammer after a rally of bearish movement. The Hammer tail is more than twice the candlestick body size and its top tail is fairly much smaller. There is also good volume on the hammer day. Good time to take a long position.

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.

©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?