Bearish Engulfing Pattern formed. It can retrace upto fibonacci levels - 78.6, 61.8 %
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...
#Bullish engulfing on the hourly chart. Stop Loss below 20800 on hourly closing. Looks good up from the current market.
Strong bullish engulfing at strong support. bond to rise with below support as stop.
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
FINEOTEX CHEMICAL LTD: Bullish Engulfing pattern. The stock tried A year-long resistance and breached it. Waiting for price action and volume confirmation. Watchlisted for now. “In investing, what is comfortable is rarely profitable.” - Robert Arnott Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken...
Bata India testing resistance on the daily chart Bearish Engulfing has formed and there is also a dynamic resistance of 100 DMA. Short term down trend.
Bearish engulfing pattern after a strong rally. This can be good intraday shorting opportunity below 1300
That's a tight hug. Will JI(NDALSTE)L come tumbling after? Looks like the bulls are engulfed.
TATA MOTORS, reversing from 200 MA, Bearish engulfing or call it as tweezer top..and also RSI divergence
The stock re-tested its crucial resistance turned support at 567 and rebounded making a Bullish Engulfing Candle on daily TF. Positional: Buy above 607 for 615, 620, 630, 640 with SL at 597
Sell below the day's low as indicated on chart.
RSI 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
CLACSIC BEARISH ENGULFING CANDLESTICK PATTERN AR THE 20 DAYS EMA + 36% FIBO RETRACEMENT.
Bearish Engulfing candlestick pattern at resistance with volume confirmation.
Disclaimer - Risk cannot be separated from reward, unlike humans they are loyal to each other. Tech Mahindra has made a bearish engulfing pattern today on daily charts with volume confirmation (volume on the engulfing candle was higher than previous candle and average volume), the pattern is at a channel resistance. This can be shorted with SL 648.25 and target 551
1) The stock is in downtrend 2) There is an bearish engulfing pattern 3) Risk Reward is highly in favour
The 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...