Refer comments below
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Bullish View
Bearish View
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
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FEDERAL BANK – BEARISH ENGULFING October 17, 2019
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Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
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Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
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Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Trade plan:
Conditions for Bullish Engulfing (Buyers outpace sellers):
• A recent fall in price can be witnessed.
• The latest Bullish(green) body covers the previous day Bearish(red) body.
• Increase in trading volume during last two days or formation of Engulfing pattern marginally.
• Entry (A) Rs. 11018
• Stop Loss (B) Rs. 10813
• Exit Rs 11223 calculated as A+(A-B)