EQSIS PRO

Bearish engulfing observed in Adaniports during jan 2018.

Description: Bearish pattern is observed in Adani ports, reasons for conclusion are:

Duration to form: less than a week.

Volume: High volume observed during engulfing indicating heavy trading.

Engulfing: engulfing pattern is observed as a bearish kind.

Trend reversal is observed. 

Trade plan: entry point=435

target=420

stoploss=450.

position to take: Short.

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