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Bullish Engulfing Pattern

Bullish Engulfing pattern indicates a potential bullish trend reversal, formed when a larger bullish candle fully engulfs the prior smaller bearish candle

Universe

Nifty 500

Time Frame

1 Day

Conditions

Open(-1) higher than Close(-1) and Close(0) higher than Open(0) and Open(0) lower than Close(-1) and Close(0) higher than Open(-1) and Abs( Open(0) - Close(0) ) higher than Abs( Close(-1) - Open(-1) )

stocks

  • NSE

    CGPOWER

  • NSE

    CHALET