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BULLISH ENGULFING FORMED IN AMBUJA CEMENTS .WE CAN GO LONG BY 201 CAN SET A TARGET OF 208 AND THE STOP LOSS BY 194
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Stock Ticker – NSE: AMBUJACEM – Ambuja Cements Ltd. – CEMENT
Bullish Trade plan:
Entry Level 201 Target 208 Stoploss 194
Analyst Rating – :4/5
View Posted on 2019-11-14
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Hi,
A bullish engulfing pattern can occur anywhere, but it is more significant if it’s preceded by four or more red candlesticks.
Hi
Thanks for your feedback.
@naresh: Does it mean this occurrence is more significant?
I meant reliability