- The recent raise in price is witnessed.
- The latest bearish body covered the previous day’s bullish body.
- A slight increase in the traded volume is witnessed.
- In spite of continuous increase increase in the price, a red body manages to cover a green body forming a bearish engulfing.
- Short position can be considered.
ADANIPORTS BEARISH ENGULFING
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Stock Analysis
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Bullish View
Bearish View
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Hi,
Good spot ma’am