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Change in polarity: When resistance becomes support

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DIVI'S LABORATORIE (NSE:DIVISLAB)  
Ultimate_Trading_System  
NSE:DIVISLAB   DIVI'S LABORATORIE
Trend Analysis Chart Patterns Technical Indicators DIVISLAB nseindia trade
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trendanalysis chartpattern indicator divislab nseindia trade
1. It broke a range on the downside
2. Came back to test it
3. rejected that resistance there with a bearish engulfing pattern (support becomes resistance)
4. would continue its fall once the bearish engulfing is confirmed (the low is taken out)
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