A constant price fall with the last red candle engulfed by a green candle establishes Bullish Engulfing. The Entry point (A) is High of the engulfing candle (783.0), the stop loss is set at point B(756.6) which is the low of the two candles. The target is set at point C (810.4), which is A + risk tahen. Hoping the see target reached in few days.
AXISBANK – BULLISH ENGULFING
