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Tagged: Bearish, BHEL, Candlestick engulfing
In the above stock, after a recent increase in price, we can see the latest bear body cover the previous bull body with a increase in volume during the last 4 – 5 days. So, short position is recommended.
Entry – 251
Target – 211
Stop Loss – 291
Risk – 40
Trade Plan : BHEL / SHORT /ENTRY – 251 /TARGET -211 / STOP LOSS – 291 /
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