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The stock formed Hanging bearish pattern with high volume.
This was formed at bullish trend reversal
Hanging man has bearish body with no upper shadow and long lower shadow
Trade Plan: ULTRACEMCO-HANGING MAN BEARSIH – Entry@3310 Stop loss@3375, Target@3180
Sir, This is not a Hanging MAN candlestick pattern… We need the Upper Tail not the Lower tail…
Kindly Review it…
Thank you sir.
i will update with new chart
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