NSE:ESCORTS
As We can see Escorts had a Top around 750-770 levels where it formed a Bearish Engulfing Pattern(Marked Area).
Now at the same Area It made a Reversal Candlestick Pattern called Shooting Star(Marked Area) with Volumes above Average.
That Pattern is also called "Falling of the Roof(Steve Nison)" which touches targets in fast momentum.
Risk:Reward...
PFC- As I have mentioned in charts, PFC broke its resistance area after consolidation, and retested same area today, At breakout there were good volumes Jump and Today also one can see Volumes bump at the same time we can see RSI had crossed 60 levels and at the time of retest it took support at 60 levels which is strong bull sign. One Can Go Long for 163-168...
