The Bearish Engulfing
Pattern is formed in nifty
today can be viewed as a more bearish
formation than a DARK CLOUD COVER, it completely rejects the gains of Day one
and usually closes below the lows of yesterday. Caution
It is sad if it is happening early, means we are going bearish
way, without maligning any new high.
Let me see the price level and I will come up with that, early before night.