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For Engulfing pattern volume might increase but its not necessary
Trade plan
Symbol: ABIRLANUVO
Direction: Short
Entry Level: 1711
Stop Loss: 1780
Target: 1642
DEAR SIR /MADAM
FOR BEARISH engulfing the scrip must be in an UP TREND
BUT here the scrip is in consolidation after a down trend
PLEASE refer your other charts( which are correct) in this topic
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