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From the chart, it is seen that a breakout appears following a non-trending area indicating the strength of Bulls. The bulls keep on gaining strength even after the breakout which makes the bears head for the hills. This is indicated by the Runaway gap and it is not expected to get filled in near term. So the price will move further up and it is recommended to create Long position.
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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
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