Engulfing Candle

tradethetip

RSI made higher high (HH) that means trend reversal signal Line charts made lower Low (LL) Thats means its a rsi divergence Tight trendline also broke Bullish engulfing pattern in candle charts also All these happened at major support level TARGET = 478 LOT SIZE = 1851 6 types of price action & technical analysis confirmation before this trade FOLLOW FOLLOW FOLLOW

tradethetip

Symmetrical triangle formation , If breakdown then ignore Big volume , RSI is already uptrend Wait for the perfect breakout and retracement Target is based on the resistance LOT SIZE = 10 pure Price Action Analysis FOLLOW FOLLOW FOLLOW LIKE LIKE LIKE COMMENT COMMENT COMMENT

Atul_Tirole

There are many Price Action Patterns indicating that Bank Nifty can start fresh downside rally. For More details: Follow above analysis

tradethetip

Bought GRANULES , Target = 379.65 bullish harmonic pattern observed as well as double top formation at all time high expected profit = 11.70 % Stoploss = 4.39 % Bullish engulfing candle also appeared with decent volume

Retailer_ki_dost

Banknifty is looking good to go long (Plz go through my previous weekly idea of bn) 1. BN retraces after touching 24100 (yellow marked line) 2. Took support and bounced from 23150 level (previously marked; green line) 3. It has breahed 200 dma convinsingly in PDS making a bullish engulfing. 4. A good rally may be seen from here. First target 25100. This is...

Singhcyogi22

LEVELS AND EXPLANATION IN MENTION ON CHART

bhagat109

Shree Cement is on a clear downtrend. But the W pattern would make one think that downtrend has come to an end as it is a bullish reversal pattern seen at the end of a downtrend. Here's why I'm short: 1) Bearish engulfing candle. (right at important level where if it crosses above, would make one to take a long position) 2) Bearish engulfing candle after a nice...

ravibhadrappa

TATA Motors has picked up positive momentum after taking support from 200EMA. Price crossed 50EMA and formed Bullish Engulfing candle, signifying positive momentum Basis Fib levels, a minor resistance can be seen at 139-140 level, once breached it can go Up, near to resistance zone 150 in next two weeks.

Anmol-Mittal

Long trade formed in GARFIBRES:- - 1 day time frame bullish engulfing pattern formed - 21/OCT/2020 - Swing retracement is 0.618 it is a golden area for take a long position as per fibonacci. Buy if price crosses above - 2000 Stop loss - 1935 Target - 2200 Pls Note:- Only for educational purpose and demo trading.

Akfx369

Euro against Dollar pair, is looking bearish in the 3rd week of October, When you see the monthly chart, bearish Engulfing September month candle still expect to send the price down , in short term view, we can expect the price go down till 1.16 area this week Note - Price action analysis for education purpose only

CT143

(Positional Trade) | RR 1:4+ | Pattern :- Ascending Triangle Reasons To Trade🤔 :- Bullish Sector, Stock In Uptrend, Above 200 DMA, Forming Perfect Ascending Triangle, Last Candle- Bullish Engulfing. Entry :- 770 - 780 Stop Loss :- 750 - 755 Targets :- 815 -> 848 -> 868 -> 900 (Risk Must Be Managed.) Keep Your Eyes On Index 😜Follow For More ✔ Give Me...

shashank0305

In the next few days, BANKNIFTY can potentially break the major level of 23000. The stock can go in a bearish trend if BANKNIFTY can break the level. As seen in the chart, 23000 was a major resistance level. But BANKNIFTY was able to break that level. Now 23000 is a major support level for the same. INDICATIONS: 1) The stock price has crossed EMA200 and went...

sankatradesindia

Need I say anymore? Thank you, Supreme Court. :)

sankatradesindia

ICICI Bank formed a bullish engulfing pattern on daily charts. Catalyzed by an order of the Supreme court, the trading opportunity is huge. Buy on open with a move of at least 2-3%. NSE:ICICIBANK

Singhcyogi22

LEVELS MENTIONS ON CHARTS...

aman_saha

Bearish Engulfing Pattern formed. It can retrace upto fibonacci levels - 78.6, 61.8 %

shreyasseetaramprabhu

On 23rd of September Shoppers stop made an engulfing Bullish candle just on the support. Also after that this stock is wandering around the same levels with good volatility. Volume have dried up, which we can consider that distribution phase is over and accumulation is ongoing. Overall a good short term trade can be taken out here. Call: Buy near 171 SL @167...

Rajni_Trader

#Bullish engulfing on the hourly chart. Stop Loss below 20800 on hourly closing. Looks good up from the current market.