feel free to call us +919500077790 info@eqsis.com
Description: Bearish pattern is observed in Adani ports, reasons for conclusion are:
Duration to form: less than a week.
Volume: High volume observed during engulfing indicating heavy trading.
Engulfing: engulfing pattern is observed as a bearish kind.
Trend reversal is observed.
Trade plan: entry point=435
target=420
stoploss=450.
position to take: Short.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | |||||
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
EQSIS, A Stock Market Research Firm
Knowledge is Power. Here you may start from basics, get support while practicing and evolve as active analyst, later you can become a pro
Good spot..
Nice Analysis sir.
I would like to add two points.
1) The engulfing pattern is a two candlestick pattern. When we use the daily chart, it is obvious that the pattern requires only two days to form.
2) Stoploss: It is recommended to keep the highest high of the two candlesticks (Engulfing & Previous candle)