Bullish Engulfing

Bullish Engulfing is an important bottom reversal pattern. It appears after a downtrend. It’s a two candlestick pattern. In this, a large Green candle completely engulfs the preceding small Red candle. Though it is not necessary for the Green candle to engulf the shadows of the previous Red candle, it should engulf the entire real body. It’s an important bullish reversal signal. Heavy volume on second day of the pattern creates higher probability of trend reversal.

Bullish Engulfing (11th Oct)
NSE/BSE	Script	Close Price
NSE	AAVAS	2709.65
NSE	ADVENZYMES	405.3
NSE	UJJIVAN	153.1
BSE	ASTRAZEN.PH.	3126.85
BSE	AUBANK	1216.65
BSE	EMAMI LTD.	552.05
BSE	FUTLIF FAS	62.3
BSE	HAWKINS COOK	6207.15
BSE	SANOFI	8015.35
BSE	SOMANY CRAM	822.95
BSE	SUPREM IND	2616.95

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