Observed a bullish harami pattern formed with the prior trend being a downtrend and good volume can be seen on both the pattern formation days.The previous day was a long red candle indicating the sellers presence till yesterday. However, today there was a gap up opening and there was more buying pressure and therefore forming a green candle.Since, the trend reversal candlestick pattern is not formed on any support line, the trade shall be taken with caution, however the Bollinger band has offered support.The RSI also confirms the trend reversal by showing a reversal from the oversold region of 30.
, , YESBANK
