This Pattern was noted on 28th Sep’17 ,where in the green body is covering the previous day red body by more than 50% and Top tail is low,volume on that piercing day is high and therefore it met all the conditions of piercing pattern
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IN MY OPINION THE TAIL OF THE PREVIOUS DAY CANDLE IS NOT COVERED BY BODY OF BULLISH CANDLE. HENCE IT DOES NOT QUALIFY TO BE PIERCING PATTERN
Hi Tnaks for your comment and accept your comment is right, will correct the same and re post it.