Piercing Pattern – Bullish Reversal

📊 The Piercing Pattern is a 2-candle bullish reversal pattern. ✅ Formation: 1️⃣ First candle – Long red (strong selling). 2️⃣ Second candle – Long green opening gap-down but closing above the midpoint of red candle. ✅ Meaning: Sellers lose strength, buyers aggressively recover → trend reversal. 📌 Example: Stock falls from ₹520 → ₹500, then next day opens at ₹495 but closes at ₹510 (above 50% of red candle) → reversal signal. 🧠 Rule: Works best at support zones with strong volumes.