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PIDLITIND Hammer Pattern formed ..Short term bullish

Long
NSE:PIDILITIND   PIDILITE INDUSTRIE
PIDLITIND hammer pattern formed in daily Chart .
Short Term Target : 1578,1599,1627
SL:1520
Trade active

Comments

just a doubt. i read that hammern pattern needs to satisfy condition of downward trend. But in this case it is not . can you explain me.
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1578 First TARGET Completed today
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