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 see

Order cancelled:

Covered my stock at break even price.