kalyanganguly

Salasar Techno Eng - Bullish Engulfing at 21 EMA support

Long
NSE:SALASAR   SALASAR TECHNO ENG
Note: This is for educational purpose only.

There seems to be a bullish engulfing at 21 EMA which has acted as dynamic support previously as well. Moreover, 21 EMA is above 55 EMA which shows short term uptrend. RSI above 60 shows bullish momentum. The bullish engulfing is accompanied by high volume .

Entry: ₹192
SL: ₹171
Target: Until 55 EMA is broken down.

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