Bearish reversal pattern noted in Maruti suzuki today. Post consolidation last week bearish engulfing appeared yesterday. Today bearish candle closed below yesterday’s candle confirming trend reversal.

Recommend to buy as their sales is up by 10%,  given overall sector growth

1 Comment
  1. vignesh 6 years ago

    Hi,
    For engulfing pattern the prior rally should be opposite to the expected rally, here the movement is sideways.

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