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Bullish Engulfing

Crude Oil – Is there more steam left ?Crude oil TVC:USOIL fell sharply from 75 levels to make a low around 67. However, this low is higher than the previous one so the rally may not be over yet. I can see that the price has bounced back after retracing around 61.8% of the previous upmove, forming a Bullish Engulfing candle. So we might be in for another cycle of an uptrend in Crude. As long as the price sustains above 66, would be skeptical that the rally in Crude has ended. Would keep a close eye on OMCs (HPCL,BPCL,IOC) wh
TVC:USOILLong
by nano6yogesh
SBI - All set to rally ?After a huge upmove from 232 to 289 levels, SBI NSE:SBIN entered into a consolidation zone for a month. However, I can see that it has bounced back strongly after retracing 61.8% of the previous rally and has formed a Bullish Engulfing candle. Looks like it is all set to begin next phase of rally after retracement. Good opportunity to go long here with a stop loss of 250. Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult y
NSE:SBINLong
by nano6yogesh
1
Ujjivan Financial Services - All set to rally ?After falling from 435 levels, Ujjivan Financial Services NSE:UJJIVAN witnessed good buying activity today. I can see that the stock has reversed after retracing 61.8% of its previous upmove, forming a Bullish Engulfing candle today. Good opportunity to go long here with stop loss near today's lows for a target in the 408-420 zones. Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
ULong
by nano6yogesh
A second chance to buy in BTSBTC , Don't miss it.BitShares/Bitcoin New trading suggestion: *The price is in an up trend and we forecast the uptrend would continue. * There is still possibility of temporary retracement to suggested support line(0.0000275), if so, traders can set orders based on Price Action and expect to reach short-term targets. *If the support line at (0.0000275) is broken, the forecast (Continuation of uptrend) will be invalid. Entry signal: Signal to enter the market occurs when the price comes to "Buy zone"
BLong
by ForecastCity
A good opportunity to buy in KNCBTC , Don't miss it.KyberNetwork/Bitcoin New trading suggestion: The price is in an up trend and we forecast the uptrend would continue. But there is possibility of temporary retracement to suggested support zone (0.000235 to 0.000187), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.000235) Ending of entry zone (0.000187) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms
KLong
by ForecastCity
SREINFRA,Inverse H & S +Bull Engulf + falling wedge->> go go goNSE:SREINFRA It is trading in a falling wedge pattern and about to breakout upwards. A valid Inverse Head & shoulders pattern has been formed and also the last two candles form Bullish Engulfing pattern. Confluence of all these factors suggest for long positions . Longs may be taken at current levels with tight stoploss below 100 or once it breaks the trendline with stoploss around 97. We can see targets of 112,125 and 140.
SLong
by atul4b95
3