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sridharvenkatesh
Nov 14, 2022 3:55 AM

Inverted hammer with confirmation Long

BSE:VADILALIND1D
VADILAL INDUSTRIES LTD.BSE

Description

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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

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Exited with 9.5% profit
Chart PatternsswingtradingInverted Hammer
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