Price falls from 30-Nov-15 to 11-Dec-15 and bullish body covers 50% of previous day bearish body also tail is not too long. So long position can be considered.
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Here the upper tail is too big, hence it can be discarded as piercing
ok sir got it, but I have a query . Can we consider attached as a piercing- Bullish body covers 50% of previous day bearish body upper portion with short tail.