After a significant price fall, Hammer pattern was formed, A high volume on Hammer day confirms the Pattern. Trade taken with Long position at Point A (492.9), which is cross over above High of Hammer. The stoploss is set at Point B (477.0), which is low of hammer. The target is set as 2 times of Risk taken Point C (524.7) which was reached in 3 days
ZEEL – HAMMER – BULLISH
