IDEA - Bullish Engulfing at support post steep decline

Note: This is for educational purpose only.

There seems to be a bullish engulfing at support post steep fall. Support seems to be since June so assuming this as strong support.

Entry Price: 9
SL: 7
Target 13

Caution: Please do not trade in F&O as the lot size is 70000. There could be huge losses in F&O.