Thursday 21 July 2016

Intraday Trade View for 22/07/2016- Ashok Leyland - Bullish Engulf

Today Ashok leyland formed Bullish Engulfing pattern by closing, Bullish Engulf form when previous day red candle is fully covered by Green candle of Current Day this signalling the more bullish view or Bullish continuation of underlying stock. So tomorrow it will open at 98 and will reach 100.

But Smart Traders should use Opening Range Break Out / Down to avoid losses in trade, Do your own review before trade or invest.

Credits: Investing.com


Bullish Engulf Candle Stick Pattern

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