AMBUJA – BEARISH – ENGULFING – EQSIS PRO

This topic has 2 replies, 2 voices, and was last updated 8 years, 7 months ago by Naveen.

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September 22, 2015 at 12:03 PM #10001

Naveen
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Rank: Level 6

Bearish engulfing is formed

COMPANY: AMBUJA

ENTRY – 262

TARGET – 251

STOP LOSS – 273

September 23, 2015 at 7:59 PM #10162

V.VEDANAYAGAM
Participant

Rank: Level 5

DEAR SIR /MADAM
PLEASE select the chart where the second day candle is bigger than the first one so that the second candle body goes below the first one
MORE OVER the target marked cannot be 251 so it seems risk>reward

September 23, 2015 at 8:48 PM #10167

Naveen
Participant

Rank: Level 6

Respected sir,

Bullish candle opening price is 265 and bearish candle closing is 265.05 so it qualify as a bearish engulfing

RISK – 11

REWARD – 11

Note: target didn’t achieved because of stop loss triggered .
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