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BEARISH ENGULFING WITNESSED IN JSW STEEL ON 13th SEPTEMBER 2017

Bearish Engulfing formed in JEW STEEL on 13/09/2017. Recent increase observed from 02/08/2017 to 12/09/2017. The Bearish Engulfing candle formed on 13/09/2017 and considerable volume increased in next two days . My entry is previous day low breakout and stop loss us bullish candle high finally my target is how much I taken risk . 1:1.

ENTRY PRICE = 263

TARGET = 253

STOP LOSS = 273

 

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