Bearish Harami pattern in Intellect

After 6-7 days of increase, strong sell signals are emerging in Intellect.

16th, 17th March - Bearish Harami and 18th March - Bearing Marubozu
16th March was buying day indicated by volume and bullish Marubozu, but pattern was very long to form buy opinion.

Bearish Harami

16th March
Open = 527.05
Close = 617

Low = 527.05
High = 626.20

17th March
Open = 606.50
Close = 588.60

Low = 531
High = 647.55

18th March
Open = 527.05
Close = 617

Low = 527.05
High = 626.20

Kommentera:

Updating the idea with latest closing data on 18th March, 2021

Open = 597.50
Close = 595

Low = 564.40
High = 624.20