The Stock has formed the Harami Pattern at a higher level near the consolidation zone.

Harami is a short term Double candle pattern, with a move on the opposite. The Security opens inside the previous Open to close range and closes between the previous open to close range, forming harami.

The Security is trading below the Fast EMA indicating a negative trend.

Short position Can be made in the security on closing basis below 473.

The RSI is following the price and expects to follow in the down fall.

Expecting Security to correct towards 441 levels.

HARAMI Candle Stick Pattern

Feb 06 2023