Ashokley-Bullish above 60.9 SL 56

[santhoshkumar]

There are two engulfing pattern found in this stock.

1.Forming Bullish engulfing pattern scenario.

Before bullish engulfing pattern there were 4 or 5 bearish candlestick.

Very good volume given at the time of reversal.

Trade Plan: Symbol: Ashokley – Direction – buy – Entry above 60.9 SL 56 Target 67

2.Foming Bearish engulfing pattern scenario.

Before bearish engulfing pattern there were 4 or 5 bullish candlestick.

Very good volume given at the time of reversal.

Trade Plan: Symbol: Ashokley – Direction – short – Entry below 66 SL 69.20 Target 60

[santhoshkumar]

Bearish Body covered Bullish Body.

[Author]

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