According to the daily chart there is a clear formation of Bearish Engulfing Pattern , which is further confirmed by RSI levels , and also Stochastic RSI with proper demarcation of overbought scenario in Adani Wilmar Ltd.
All the investors who chased the stock all the way to top , must be aware of the bear trap that had been laid . Sincere advice to all investors or traders having AWL , must consider putting sl in system and trail .
All the investors who chased the stock all the way to top , must be aware of the bear trap that had been laid . Sincere advice to all investors or traders having AWL , must consider putting sl in system and trail .