CONDITIONS FOR BEARISH ENGULFING:
1. Significant price hike. ( Yes present)
2. Following a series of positive candles, a sudden appearance of negative candle engulfing the previous day positive candle. (Yes present)
3. Presence of high volume during any of the past 2 days. (Yes present)
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Stock Ticker – NSE: KAJARIACER – Kajaria Ceramics Ltd. – CONSTRUCTION
Bearish Trade plan:
Entry Level 604 Target 586.20 Stoploss 621.90
Analyst Rating – :3/5
View Posted on 2019-05-22