2 stocks showing reversal to bearish trend on Candlestick scan
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Downward Trend
Bearish reversal pattern on the candlestick screener can help ascertain stocks where the trend can change downward from an uptrend zone. Here are 2 stocks with m-cap between Rs 1000 cr and Rs 10,000 cr stocks that have established an Identical Three Crows pattern and signal bearish reversal. (Source: StockEdge)
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Identical Three Crows Pattern
It is a three-day pattern in which there are 3 candlesticks in a downward pattern, with each candlestick opening at the close of the previous candlestick in an upward trend.
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