Engulfing at Demand Zone : Good RR ratio
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.
Trade active
Stock is moving as expected now brought the stop loss at the buying price and trade would continue. Let's seeOrder cancelled
Covered my stock at break even price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.