suntv bullish piercing pattern formed with significant volume
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Stock Ticker – NSE: SUNTV – Sun TV Network Ltd. – MEDIA
Bullish Trade plan:
Entry Level 472.4 Target 484.4 Stoploss 460
Analyst Rating – :3/5
View Posted on 2019-12-05
Hi,
The bullish piercing pattern occurs when the green candle opens lower than the previous day’s low, but it closes more than halfway above the previous day’s real body. (Note- Green candle should cover the previous days lower tail)
ok got it