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Bullish engulfing & piercing

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1.bullish candle engulfing the last one

2.volume jump - percentage of jump over average volume

3.RSI less than 60

4.size of the bullish candle

5.long term trend- 3 months, 6 months 1 year

6.nearest support and resistance

7.presence of wicks

8.can it be a 5 % or 3 % target.

Hammer and harami


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1.candle pattern

2.confirmation on the second day - close above bearish range

3.volume jump - consider volume on pattern day and confirmation day

4.size of the confirmation candle

5.long term trend- 3 months, 6 months 1 year

6.nearest support and resistance

7.presence of wicks

8.can it be a 5 % or 3 % target.

Rule - 1 - Intraday 2 %- sell 50 % and rest start trailing from 2 % with 2 % as


trailing amount.
Rule - 2 - Delivery 3 % - sell 60 % and rest start trailing from 3 % with 2 % as
trailing amount.( change based on emi balance).

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