TVS Motor Bearish Jan 07 2019 – EQSIS PRO

Saravanan Jothivengadam, January 7, 2019, TVSMOTOR

Bearish Engulfing can be seen in the chart. The latest Bearish body is covering the previous day bull body.

2 Comments

Naresh 5 years ago

Hi,
For a bearish engulfing candle in a downtrend, the stop-loss is placed just above the high of the engulfing candle.

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Dr. MATHIVANAN 5 years ago

What a nice one! The target was achieved and exceeded in the next day. 08/01/2019 O 534.75 H540.35 L524.05 C535.15

target of 525.30 achieved during the market hours and it was for the intraday. keep up the good work (533-525 =8; 8/533 = 1.5%)

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