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Following a series of negative candles a positive candle engulfing the previous negative candle has appeared. If the price tends to above the top tail of the engulfing candle, we can take long position(ONLY IF).
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Stock Ticker – NSE: RELCAPITAL – Reliance Capital Ltd. – FINANCIAL SERVICES
Bullish Trade plan:
Entry Level 71.50 Target 93.90 Stoploss 49.10
Analyst Rating – :4/5
View Posted on 2019-06-20
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In support to our analysis the RSI indicates the over sold position.
Hi,
Good analysis sir….. keep doing this