Bearish Engulfing is a popular candlestick pattern used in technical analysis to identify potential trend reversals in the stock market. When applied to Exide Industries share, which is currently facing resistance, the Bearish Engulfing pattern suggests a potential downturn in the stock's price.
The Bearish Engulfing pattern consists of two candlesticks: the...
The Bearish Engulfing pattern has emerged on the trading chart of NSE:GNFC GNFC, signaling a potential trend reversal in this scrip. Trading View users and investors tracking GNFC will find this pattern of particular interest, as it suggests a shift in market sentiment from bullish to bearish.
The Bearish Engulfing pattern is a widely recognized technical...
weekly and daily long term trend line is broken down
short futures of stock.
for sl you can buy ce of 955-965 (it will also reduce risk and margin)
Target should be around 641.
call me if you need further clarification
thanks nd regards