Observed a bullish engulfing pattern with the prior trend as a downtrend with good volume on both the days.The bullish engulfing has appeared near the support line and the fibonacci retracement shows that the market has corrected and again expected to move up.Though the RSI is not convincing enough it has shown a slight upward movement and it indicates that the market might move up.

1 Comment
  1. EQSIS 7 years ago

    Good observation

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?