Engulfing Candle

Prices have nicely formed Up sloping channel and today's Engulfing offers an opportunity to go long at current level. One can risk the amout of one bar only. Prices have bounced at retest of lower trend line . We can initiate the long trade as the details given below Entry 431 SL 408(closing) Target 492 Risk/Reward Ratio 2.65 Disclaimer : All ideas are my ...

BTST IN L&T FINANCE DEC FUT BUY@138 STOP@133 TARGET@145 LOT:4500 QTY:1

BTST IN CIPLA BULLISH ENGULFING DEC FUT BUY@547 STOP@541.5 TARGET@557 LOT:1000 QTY:2

BTST IN HDFC NOVEMBER FUTURES BUY@1820 STOP@1805 TARGET@1850 LOT:500 QTY:1

BTST IN ICICI BANK NOVEMBER FUTURES BUY@360 STOP@354.5 TARGET@370 LOT:2750 QTY:1

BTST IN RELIANCE INDS NOVEMEMBER FUTURES BUY@1095 STOP@1085 TARGET@1110 LOT:500 QTY:2

Infosys NSE:INFY has been in a downtrend since October making lower swing highs. I can see that it again got rejected at the trendline resistance and formed a Bearish Engulfing candle. Shorted here with stop loss a few points above the trendline resistance for a first target of 625. A deeper correction can take it to 610. Disclaimer: Views expressed here are ...

HDFC ltd Bearish engulfing pattern looking weak from current level Expecting more downfall from current levels more downfall expected anext support levels 1600 1550 1500

Century Textile can be shorted below 780 for 760-740-720. SL can be around 801 1. Trend Line 2. Bearish Engulfing candle on Daily Chart 3. Stochastic - Oversold 4. Poor market sentiment

STBT IN ITC OCT FUTURES BEARISH ENGULFING SHORT@294.5 STOP@297 TARGET@290.5 LOT:2400 QTY:1

STBT IN ITC SEPT FUTURES BEARISH ENGULFING SHORT@299.75 STOP@302 TARGET@295 LOT:2400 QTY:1

As on 18/09/18, Bank Nifty is in downtrend as per candlestick pattern and also moving averages. Crucial Resistance level is 26644.36 and crucial support is 26363.54. If it breaks 26390 then sell bank nifty for target 26302/26131/26041 with stoploss 26500. Also, Bank Nifty is forming bearish engulfing in monthly time frame.

Bearish engulfing on support level . Looking weak. Levels mentioned in charts

SWING TRADE IN M&M FIN SEPTEMBER FUTURES BULLISH ENGULFING IN FUTURES CHART BUY@464 ADD MORE @446 STOP@440 TARGET@490 LOT:1300 QTY:2

BTST IN L&T FINANCE HOLDINGS(CONDITIONAL) SEPTEMBER FUTURES BULLISH ENGULFING 200-DMA BREAKOUT BUY@169-70(CLOSE ABOVE 168) STOP@164 TARGET@174-180 LOT:4500 QTY:1

POSITIONAL TRADE ON YESBANK SEPTEMBER FUTURES BULLISH ENGULFING IN YESBANK GOOD ENTRY LEVELS ACCUMULATE BUY@343 STOP@333 TARGET@380 LOT:1750 QTY:2

BTST IN RELINFRA second day in a row SEPTEMBER FUTURES 200-DMA SUPPORT and now a bullish engulfing BUY@472-75 STOP@485 TARGET@465 LOT:1300 QTY:2

BEARISH ENGULFING IN BANKNIFTY SHORT TRADE IN BANKNIFTY BUY PUT OPTIONS OR SHORT THE FUTURES LEVELS GIVEN AS PER CASH MARKET RATES PLEASE ADJUST ACCORDINGLY IN FUTURES SHORT@27825 STOP@27960 TARGET@27625 LOT:40 QTY:5