Engulfing at Demand Zone : Good RR ratio

Nov 27, 2016

One can buy the stock for a target of 990. It is coming out of oversold zone made engulfing and the earlier engulfing made on 16.11.16 clearly holding the price. It seems good entry at current with affordable stop loss.

Nov 29, 2016

Trade active

Stock is moving as expected now brought the stop loss at the buying price and trade would continue. Let's see

Dec 19, 2016

Order cancelled

Covered my stock at break even price.