Bearish Harami Formed in Powergrid?

sachinconsci · February 21, 2021, 4:01am

Can we say that bearish harami has been formed in Powergrid?

turing2320 · February 21, 2021, 1:32pm

The last candle is a Doji or a Undecided Candle, which should be given priority before thinking Bearish Harami, the next candle might decide which direction the price will go if it crosses the range of the Doji in either direction.

TIMEFRAME · February 21, 2021, 2:04pm

For me yes , i am expecting ,price to breaking down 220 level
. POWERGRID

leodecaps · February 21, 2021, 2:56pm

If u only look at last candle, it is a doji. If u look at both last and second last candle, it is bearish harami. Candlestick patterns are of various types like 1 candle, 2 candle, 3 candles etc

TIMEFRAME · March 8, 2021, 11:54am

This stocks has become very volatile now , are you trading this stock?

leodecaps · March 8, 2021, 3:01pm

So the immediate movement was as per your expectations! Cheers!

TIMEFRAME · March 8, 2021, 5:52pm

Thank you

Aayushxkhanna · May 7, 2021, 5:35pm

Yes. This is a Bearish Harami candlestick pattern. Also, the pattern seems to have been formed at quite a top which increases its reliability as it is a reversal pattern. In other words, reversal patterns are more reliable at relative tops and bottom instead of being in the middle of a trend.