Similar to the engulfing pattern, the Piercing Line is a two-candle bullish reversal pattern, also occurring in downtrends. The first long black candle is followed by a white candle that opens ...

Candlestick ... But these patterns are highly important as an alert that the indecision will eventually evaporate and a new price direction will be forthcoming. A bullish engulfing line is the ...

Shetti believes that a bullish candlestick pattern like Piercing line type pattern was formed on the Nifty weekly chart, which is indicating more upside for the market ahead. “Larger range bound ...

Master These 10 Candlestick Patterns for Immediate Trading Strategy Edge. After years of trading experience, I've identified why understanding the most bullish and bearish candlestick patterns is ...

A common strategy is to prepare to go long once additional confirmation arrives, such as a break above a downtrend line or a bullish candlestick pattern. Similarly, in an uptrend, a bearish ...

Tuesday’s advance becomes more interesting when noticing the relatively bearish potential shooting star candle pattern ... bullish signs today confirm the bullish reversal from the line.

The index gained 3.3 percent during the week but traded within the previous day's range and closed flat on Friday at 55,355, forming a small bullish candlestick pattern with minor upper and lower ...

Nifty 50, Sensex today: Nifty 50 formed a big bullish candle on the daily ... to close at 54,610.90 on Wednesday, forming a Piercing Line candlestick pattern, reflecting buying strength on the ...

The Bank Nifty also traded in line with the benchmarks ... the highest closing level since April 2018, and formed a bullish candlestick pattern on the daily charts with healthy volumes.