Bullish Engulfing formed in CIPLA on 09/10/2019. Recent fall observed from 06/09/2019 to 07/10/2019. Engulfing candle witnessed on 0/10/2019 and considerable volume increased on 11/10/2019. My Entry is previous day high breakout price and stop loss is bearish candle low and the target is 1:1 how much I taken a risk.
ENTRY PRICE = 431
STOP LOSS = 405
TARGET = 458