Hanging man pattern – long position – EQSIS PRO

Tagged: SUNPHARMA

This topic has 2 replies, 3 voices, and was last updated 7 years, 6 months ago by EQSIS.

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October 30, 2016 at 2:41 PM #53112

Hema
Participant

Rank: Level 5

Trade plan for Sun Pharma
Volume is average, hanging man pattern is formed, Since there is a fall in price for quiet a few days, expecting a price raise. it is also analysed last two years raising pattern.
position – long
entry – 743
stop loss – 730
target – 755
Expected to rise within 1 month

November 3, 2016 at 6:47 PM #53565

Naveen
Participant

Rank: Level 6

if its a hanging man we should enter short sell

November 4, 2016 at 9:24 PM #53652

EQSIS
Keymaster

The Attached snap indicated the stocks trades within the rage, later it broke its support levels. Currently it trades with bearish sentiment…
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