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Sunday, August 19, 2007

Stocks with Bearish Engulfing Patterns.

Stocks with Bearish Engulfing Patterns.
The following stocks have been trending upward in the short and intermediate terms and have formed a bearish engulfing pattern. The probability of a downward reversal in prices has increased.
Security Name
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ADANI ENTERPRISE
327.40
DECCAN CHRONICLE HOLDING
225.20
HITACHI HOME
129.85
INGERSOLL RAND
332.15
JK CEMENT
156.45
PAREKH ALUMINEX
203.95
PRAKASH INDS
72.75
TRICOM (I)
124.60
ZEE NEWS
61.40

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