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In the above stock stock, we can witness a recent hike in price followed by the bear body covering more than 50% of the previous bull body along with an increase in volume. So, short position is recommended here.
Entry – 729
Target – 683
Stop Loss – 775
Risk – 46
Trade Plan : SIEMENS / SHORT / ENTRY – 729 / TARGET – 683 / STOP LOSS – 775 /
Good attempt @soundharyagnana. However I guess this doesn’t meet the Piercing line trend, mainly because the lack of continuity
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