Engulfing Candle

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

After a steep fall of 3 months, looks like Ashok LeylandNSE:ASHOKLEY has resumed its upward journey from August. I can see that the stock has reversed from its long term trendline forming a Bullish Engulfing candle. Also, it has reversed after retracing 61.8% of its previous upmove. Good stock to accumulate with a stop loss below 110 levels. Disclaimer: Views ...

Long above 1050 only. SL - 957 Target - 1276.45

Check Chart for details

The trade is against the trend Hence, a bit risky

STBT ON LUPIN BEARISH ENGULFING AUGUST FUTURES TRADE SHORT @797 STOP @807 TARGET @787 LOT:600 QTY;2

The Pharma index NSE:CNXPHARMA seems to have resumed its uptrend today after consolidating for about a month. After a pullback from 636 to 566 levels, looks like Aurobindo Pharma NSE:AUROPHARMA is all set to start the next cycle of uptrend. I can see that the stock has reversed after retracing 61.8% of the previous upmove and formed a Bullish Engulfing candle ...

Crude oil TVC:USOIL fell sharply from 75 levels to make a low around 67. However, this low is higher than the previous one so the rally may not be over yet. I can see that the price has bounced back after retracing around 61.8% of the previous upmove, forming a Bullish Engulfing candle. So we might be in for another cycle of an uptrend in Crude. As long as ...

After a huge upmove from 232 to 289 levels, SBI NSE:SBIN entered into a consolidation zone for a month. However, I can see that it has bounced back strongly after retracing 61.8% of the previous rally and has formed a Bullish Engulfing candle. Looks like it is all set to begin next phase of rally after retracement. Good opportunity to go long here with a stop ...

THE INDEX HAS ENGULFED ABOVE THE CLOSE OF THE PREVIOUS BAR. STOCKS LIKE BOI AND BANKINDIA AND CANARA BANK HAVE ALSO SEEN BULLISH ENGULFING PATTERN BUY ANY OF THE ABOVE STOCKS WITH A SHORT TERM VIEW

BULLISH ENGULFING IN ICICI BANK JULY FUTURES https://invst.ly/801-h BUY@267 STOP@262.5 TARGET@272.5 LOT:2750 QTY:1

The daily chart of USD/CAD has formed harmonic shark pattern AB=CD. The daily chart has also formed a long engulfing candle. Also in 4-hour chart a double top pattern has been formed. So we can expect some profit booking in the counter and a long retracement could be possible.