BATA - SHORT SETUPBearish engulfing pattern after a strong rally. This can be good intraday shorting opportunity below 1300
Bearish Engulfing
TATA MOTORSTATA MOTORS, reversing from 200 MA, Bearish engulfing or call it as tweezer top..and also RSI divergence
APPOLO HOSPITAL SELL AT 1735 STOP-LOSS AT 1810 TARGET 1580RSI DIVERGENCE WITH BEARISH ENGULFING PATTERN CONFIRMING A TOP SIGNALING BEARS MAY TAKE CONTROL FROM HERE AND WE MAY SAY A GOOD DOWNWARD RALLY.
APPOLO HOSPITAL SELL AT 1735 STOP-LOSS AT 1810 TARGET 1580
SELL CESC AT MARKET STOPLOSS 590 TARGET 550CLACSIC BEARISH ENGULFING CANDLESTICK PATTERN AR THE 20 DAYS EMA + 36% FIBO RETRACEMENT.
Berger Paint - Bearish Engulfing pattern at resistance Bearish Engulfing candlestick pattern at resistance with volume confirmation.
Sell DIVISLAB 1) The stock is in downtrend
2) There is an bearish engulfing pattern
3) Risk Reward is highly in favour
LICHGFN - Bearish Engulfing + Fib RetracementThe stock made bearish engulfing pattern from the 0.786 levels and seems bearish to retrace to the stronger 0.618 level of 265.
Choose an entry position based on your risk appetite.
Strategy 1: 'High-er' Risk & High RRR
In-case of normal or gap-up opening, Short for 270, 267, & 265 with SL at 278.
(Can wait for any small uptrend with the risk of losing out on opening downfall)
Strategy 2: 'Less' Risky & Low RRR
Short below 270 for 267 & 265 with SL at 274
In case of gap-down opening - Wait and Watch.
Double top formation is seen in ITC. Short ITCDouble Top formation is Seen in ITC.
Closed with a Bearish Engulfing pattern.
According to me ITC will go Down today.
Short ITC, might be the best trade option for today.
It's just my personal analysis so do your own and I don't recommend anybody to Short It as it is just my analysis.
AMARARAJA BATTERIES BEARISH ENGULFING SHORT@653-658
STOP@671
TARGET-1@635
TARGET-2@620
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
Banknifty - Bearish EngulfingTrend is Bearish as per moving average MAY expect pull back up to 18300 to 18450 then wait for confirmation to move further down (based on candle) up to marked levels.
BEARISH ENGULFING FORMED 4HR BASIS
**Educational purpose only
Updated: Upside gap two crows followed by shooting star
This is an updated chart of NIFTY 50 (with reference to my previous chart)
Upside gap two crows
16 April 2020: It was a bullish candle. (Continuing the bull trend)
17 April 2020: Gap up opening but ended the day with a bearish hanging man pattern.
20 April 2020: Opening was at 9390, i.e more than closing of day 2. It made a bearish engulfing pattern.
22 April & 23 April 2020: Gap was filled (I referred it as retracement in my previous post)
24 April 2020: Shooting star pattern
Price Action
Formation of rising wedge pattern
R1 & S1 are short term support & resistance. (Based on Fibonacci)
Conclusion
Trends look negative in the short term.
Cadila Healthcare (4 hrly chart)1. Taking Resistance at trendline.
2. Bearish engulfing Chart pattern.
3. Negative divergence on MACD
TATA CHEMICAL SHORTTHATA CHAMICAL FORM BEARISH ENGULFING CANDLE PATTERN ON DAILY CHART WHICH IS VERY BEARISH SIGNAL AND HENCE WE RECOMMEND FOR SHORT. LEVELS ARE MENTIONS ON CHARTS
SHORT TRADE IN HDFC !!(DEC FUT)!!SHORT TRADE IN HDFC !!(DEC FUT)!!
VIEW
-BEARISH ENGULFING ON DAILY CHART
-RSI REVERSAL (-VE)
TRADE VIEW
DEC FUT
SHORT@2325
STOP@2290
TARGET@2355
LOT:250
QTY:2
Manappuram short nov2019Ok so this rectangle size box is only hope for this stock to continue this upside momentum, I will look to short below this box and this looks good for 8-10% downside move. Actually I was long in this and just got a good exit today now suddenly it is looking good for downside too and I thought why not. Let’s see..
And guys please do your own study before any trade, I do this to record my trades only..
Shorttrade in HBI after bearish engulfingHBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.
Just Dial, Bearish Engulfing.Long term resistance at 647,
Overbought in Daily and Weekly chart.
Bearish Engulfing at 30min chart.
STBT IN IGL MAR (FUT)STBT IN IGL MAR FUT
BEARISH ENGULFING IN IGL
SHORT@292
STOP@297
TARGET@283
LOT:2750
QTY:1
