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manavtechresearch
Nov 13, 2018 10:01 AM

BULLISH ENGULFING PATTERN IN NIFTY INDEX Long

Nifty 50 IndexNSE

Description

BULLISH ENGULFING IN NIFTY INDEX
NOVEMBER FUTURES
BUY@10575
STOP@10435
TARGET@10730
PLEASE ADJUST THW TRADE FOR FUTURES AND OPTIONS
VIEW IS BULLISH FOR COMING TWO WEEKS TILL
19TH RBI MEETING

Trade active

Comments
Parasuram
it is not bullish engulfing.. if it had closed above the prev day high after dipping below it would have been engulfing... the previous day it was bearish engulfing.. Market did not follow through
manavtechresearch
@Parasuram, sorry Parasuram it was a typing error trade was for piercing line candlestick pattern and market did follow through and trade is still active with 10435 as stop
Parasuram
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