SALASAR trade ideas
Positional :- watch for flag breakoutbuy above 207 when it breaks previous swing high.
SL below 188 on day closing basis
Salasar Techno Eng - Bullish Engulfing at 21 EMA supportNote: This is for educational purpose only.
There seems to be a bullish engulfing at 21 EMA which has acted as dynamic support previously as well. Moreover, 21 EMA is above 55 EMA which shows short term uptrend. RSI above 60 shows bullish momentum. The bullish engulfing is accompanied by high volume.
Entry: ₹192
SL: ₹171
Target: Until 55 EMA is broken down.
