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Bullish Engulfing Bearish Engulfing
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Bullish Engulfing
The Bullish Engulfing Pattern consists of two candlesticks; the first black and the second white. The white body must totally engulf the body of the first black candlestick. After a decline, the second white candlestick begins to form when selling pressure causes the security to open below the previous close. Buyers step in after the open and push prices above the previous open for a strong finish and potential short-term reversal. Generally, the larger the white candlestick and the greater the engulfing, the more bullish the reversal.
NSE 16 May 17:31
Company Name Open High Low Last Chg % Previous
High Low
No Bullish Engulfings
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Positive Breakouts
30 Day Moving Avg. 50 Day Moving Avg. 150 Day Moving Avg. 200 Day Moving Avg.
Negative Breakouts
30 Day Moving Avg. 50 Day Moving Avg. 150 Day Moving Avg. 200 Day Moving Avg.
Candlestick Patterns
Bullish Engulfing Bearish Engulfing Piercing Line Dark Cloud Cover
Bar Patterns
Gap Up Bullish Bar Reversals Bullish Island Reversals
Gap Down Bearish Bar Reversals Bearish Island Reversals
Day Trading
Stocks Opening Higher Stocks Above A.T.P. Stocks Above Prev. Highs
Stocks Opening Lower Stocks Below A.T.P. Stocks Below Prev. Lows
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