Hanging man candle appeared in BALAKRISHNA INDUSTRIES on 17/04/2018 previously significant price increase observed and Hanging Man candle witnessed on 17/04/2018 that day volume is greater than average volume finally the upper tail is double the body next day candle conformed the trend reversal from bullish to bearish. my target is double the stop loss.
ENTRY PRICE = 1300
TARGET = 1180
STOP LOSS = 1355