BULLISH ENGULFING pattern identified with increase in volume
The trade: LONG position
Entry : Rs. 1240
Stoploss : Rs.1085
Target : Rs. 1400 0
0
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BULLISH ENGULFING pattern identified with increase in volume
The trade: LONG position
Entry : Rs. 1240
Stoploss : Rs.1085
Target : Rs. 1400 0
0
M | T | W | T | F | S | S |
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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 |
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Hi,
Bullish engulfing pattern is found towards the end of a downward trend but here the prior 4-5 days is sideways movement, so it does not act as an engulfing pattern.