Bearish Engulfing Pattern

Bearish Engulfing Pattern is a bearish reversal pattern formed by a larger red candlestick that engulfs the previous smaller green candlestick.

Conditions

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

stocks

• NSE

  CUMMINSIND

• NSE

  FORTIS

• NSE

  GODREJPROP

• NSE

  HSCL

• NSE

  HINDALCO

• NSE

  KNRCON

• NSE

  LEMONTREE

• NSE

  SRF

• NSE

  SONACOMS

• NSE

  TORNTPOWER