sridharvenkatesh

Inverted hammer with confirmation

Long
sridharvenkatesh Updated   
BSE:VADILALIND   VADILAL INDUSTRIES LTD.
As we see, downtrend is stopped by inverted hammer with good volumes followed by a green confirmation candle. We can long this for a short term profit of around 8-10%. We can keep ~2150 as stop loss point.
Comment:
Exited with 9.5% profit
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