Moneycontrol
Get App
SENSEX NIFTY
YOU ARE HERE >  MONEYCONTROL MARKETS TECHNICALS

Candlestick Patterns

Bearish Engulfing
27 Jun 15:41

 

The Bearish Engulfing Pattern consists of two candlesticks; the first is white and the second black. The black body must totally engulf the body of the first white candlestick. After an advance, the second black candlestick begins to form when residual buying pressure causes the security to open above the previous close. However, sellers step in after this opening gap up and begin to drive prices down. By the end of the session, selling becomes so intense that prices move below the previous open. The resulting candlestick engulfs the previous day's body and creates a potential short-term reversal.

Company Name Open High Low Last Chg % Previous
High Low
Orient Press 153.75 153.75 143.35 146.10 -5.16 150.60 148.00
Libas Designs 54.10 54.10 52.35 52.35 -4.99 52.50 52.50
Windsor 22.60 22.60 20.50 20.50 -4.87 20.55 20.55
GTPL Hathway 61.00 61.00 56.60 57.05 -4.68 59.30 58.00
Setco Auto 19.55 20.25 18.95 19.00 -4.52 19.50 19.10
Sun TV Network 522.05 525.50 502.10 508.10 -2.90 521.80 510.75
Sections
Follow us on
Available On
PCI DSS Compliant