NTPC at Bullish Trend. Go for long with the details given on the chart.
NTPC-Piercing Pattern – Bullish
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Stock Analysis
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Bullish View
Bearish View
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Hi P.P.Lakshminarayana. For piercing the green candle should start way below the red one and the top tail of the green one should be very small. The closing of the green candle should be above 50% of the previous red one and it should not be higher than the red candle.
I may also be wrong, please correct me if I am. So that we can get clarified.
Hello Mr.Mohan,
I am a learner and posting these levels with the little knowledge I have. Anyway I took note of your comment and I will go through the videos and Training material, provided to me at the time of training, once again and correct myself. Thanks for sharing your observations.
we all are learners only P.P.Lakshminarayana. lets learn together. Happy Learning. 🙂
Happy to see a constructive comments. Happy Learning..