EQSIS PRO

NIFTY | HAMMER

Witnessed is a Hammer shows above in the pattern.

The Hammer day is with an affordable high volume.

Continuous price fall followed by a bullish hammer indicates trend reversal.

Long positions can be placed at the entry price above 5415.6

The risk taken is 66.3 and whose target is calculated to be 5482 which is attained in two days.

 

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