Hanging man -Apollo Hosp

*Recent upward trend with hanging man candle stick witnessed ,which states Trend reversal.

*Short position ( entry-1444);target(1408);stop loss(1477)

4 Comments

Suresh Surulimuthu 5 years ago

It seems the trend continues and the pattern may have no significance.

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Deepak R 5 years ago

Considering the pattern has no significance!!!
Kindly suggest ,how to take the call in this scenario???

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Naresh 5 years ago

Hi,
Volume should be high during hanging man day. volume is an important factor for the hanging man pattern to work.

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  Deepak R 5 years ago
  
  Noted!!! But in this case the volume is preferably above average .
  
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