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Bullish Engulfing candle which covers the previous day bearish candle is seen in HDFC Limited. Prior bearish trend is present. High volume is seen on Engulfing day. Long position can be considered if the price moves above the Engulfing day high.
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Stock Ticker – NSE: HDFC – Housing Development Finance Corporation Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 2149.8 Target 2260.9 Stoploss 2038.7
Analyst Rating – :4/5
View Posted on 2019-08-02
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Good finding. I was also thought of posting this.
Thank you Mohan!