Hi friends,

This is my first daily task submission. The chances to commit mistakes are high. So kindly guide, criticize and encourage, it means a lot to me.

OK, Yes bank in recent days shows heavy bearish trend. Today suddenly a Bullish Engulfing  candle with above average volume has appeared. The RSI is also moving close to the 30 mark.

So I think we can take long position.

5 Comments
  1. Naresh 5 years ago

    Hi,
    The prior 2-3 days movement is sideways, so it does not act as a engulfing pattern

  2. Author
    MOHAN KUMAR R 5 years ago

    THANK YOU NARESH. Yes I should have checked it.

    Next time I will get it corrected.

    • Author
      MOHAN KUMAR R 5 years ago

      Naresh, yesterday i tried to upload the following chart under bullish section. but i couldn’t able to pick the compan’s name in the drop down.

      Any how I am uploading it here, can you please correct if i have committed any mistakes.

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