Reasons for a potential bullish move
1) support
2) 200 Ema
3) bullish Engulfing
Plan of action -
Entry - engulfing candle high
Exit - 1:2
Sl- engulfing candle low
Happy trading :)
Disclaimer - for education Purpose
1) support
2) 200 Ema
3) bullish Engulfing
Plan of action -
Entry - engulfing candle high
Exit - 1:2
Sl- engulfing candle low
Happy trading :)
Disclaimer - for education Purpose
Trade active:
trade active at engulfing candle high
target - 9200
target - 9200
Comment:
8500 is a strong resistance ...above that the stock will smoothly reach the target