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.
JustDial-Bullish Engulfing
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Stock Analysis
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Bullish View
Bearish View
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Good observation