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Candlestick Patterns

Bullish Engulfing - NSE
23 Oct 19:37

 

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.

Company Name Open High Low Last Chg % Previous
High Low
Empee Sugars 3.90 4.70 3.90 4.50 8.43 4.20 4.10
Patspin India 9.20 10.20 9.20 9.95 6.42 9.40 9.35
Maral Overseas 20.75 24.50 20.75 23.70 6.28 22.90 21.80
Panoramic Uni 11.85 12.60 11.85 12.55 4.58 12.50 11.90
Hind Syntex 11.05 11.85 11.00 11.85 3.04 11.55 11.50
Ramcoind 64.40 67.75 64.40 67.20 2.44 66.70 65.15
Donear Ind 18.55 20.00 18.55 19.90 2.05 19.65 19.20
Gandhi Spl Tube 181.95 184.95 181.95 184.95 1.59 184.60 182.00
Navneet 94.60 97.95 94.60 97.30 1.35 97.00 95.95
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