- See how effective the bearish engulfing pattern is especially when it occurs in daily chart.
- One more important thing to notice is its place of occurrence, if it occurs at the top of the trend or at the top of a range it will work perfectly.
- click here to see yesterday's closing bell analysis were bearish engulfing was shown
Dear San,
ReplyDeleteDue to above said pattern,now how it will be important for our market tomorrow?Whether it will crack?
Dear Mynac,
ReplyDeleteIf it ends like i have shown above it will effect Nifty
Thank you
Dear San,
ReplyDeleteAs I am the regular visitor of your Blog,I used to see your comments and very friendly chart patterns.
The way you present the chart is very amazing,which I like.Now We might test 50DMA tomorrow it self.Let us see.Now the game has totally changed due to U.S. Markets.
ReplyDeleteIn last 15 minutes one can not expect a miracle.
ReplyDelete@Mynac
ReplyDeleteThanks for the comments. And thanks for pointing out the mistake in the other post.