Ankita_yadav
Long

TATA MOTORS LONG TARGET -480 STOPLOSS -395

NSE:TATAMOTORS   TATA MOTORS LTD.
In blue box, Bullish Harami Pattern formation can be seen. After Bullish Harami pattern, share is forming Hammer . Both of these pattern indicate upcoming uptrend. After the formation of these two patterns, share has made Gap Up opening which shows great demand. The volume with which share price increasing is also big. Share is bullish now.
Trade active: https://in.tradingview.com/chart/If0Ah2n...
The share went down due to overall market impact but in last hour bulls made entry and formed bullish engulfing. It can be seen in above given graph link
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Here is another thing , when Clubbing the Candlestick you can use all three red candle which dropped and ended with Extended range and all next indecision candle which are very tiny and green as Harami Pattern Next Red and Green candle together can be counted as Hammer , after combination of two candle resulting Hammer and next one is Green with high close its buy , Hit the peddle to metal and ride the stock
Cheers
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@shiv2798, yes....thanks a lot for adding this information...i just observed the clubbed candlestick pattern about which you wrote....totally agree
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BullishDNA shiv2798
@shiv2798, Great Observation. Thanks for sharing this. Experience counts a lot.
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shiv2798 BullishDNA
@BullishDNA, You are welcome sir
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Good candlestick Observation!
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Ankita_yadav Einstein15
@Einstein15, thank you
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