Jain Irrigation Systems Bearish Engulfing 29th dec17 – EQSIS PRO

Malathy Ravi, December 29, 2017, JISLJALEQS

Bearish engulfing pattern noticed in Jain Irrigation Systems today. Opened above prior day close and closed below prior day open, thus bearish candle engulging yesterday’s bullish candle. Recommend short position

1 Comment

vignesh 6 years ago

Hi,
For the Bearish engulfing pattern the prior bullish rally should be seen.

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