After a price rise, the latest green candle was engulfed by a red candle, establishing the Bearish engulfing patter. Entry point A for short position is (607.8), which is low of engulfing candle, the Stoploss is point B (636.7) which is high of the two engulf candles, the short covering target as set at point C(578.9), the target was reached in 2 days.
AUROPHARMA – BEARISH ENGULFING
