Following a series of negative candle during a downtrend, a positive
candle with smaller body, smaller top tail and longer bottom tail
representing hammer shape has appeared. During the Hammer candle the
volume is also high. This shows trend reversal. So we can take long
position only if the price moves above the top tail of the hammer
candle.
—————————————————————————————–
Stock Ticker – NSE: ICICIBANK – ICICI Bank Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 413 Target 421 Stoploss 404.30
Analyst Rating – :4/5
View Posted on 2019-07-22