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Bearish Engulfing pattern – Infosys – 17th Dec 2018

Since there is a GAP down post bearish engulfing, stop loss is accordingly adjusted. Stop loss can be at a high of bearish candle which would increase the risk portion. 

low of Bearish Candle can be alternately taken as stop loss as it is a GAP down and the price may rally back to this point to fill the GAP before falling down.

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